Albany, NY - $5 1875 Fr. 401 The Union National Bank Ch. # 1123 PMG Very Fine 20.. ...
Description
Albany, NY - $5 1875 Fr. 401 The Union National Bank Ch. # 1123 PMG Very Fine 20.A very rare Albany note that we last had the pleasure of offering in our 2000 FUN auction where was acquired by our consignor is presented once again in this lot. Operating at the lower end of State Street, just a few blocks from New York's Capital Building, the Union National was only in business from 1865 until the expiration of its charter in 1885. Just three notes are listed in the census - an Original Series $5 which has been off the market for so long its serial number remains unknown, an Original Series $10 in a PMG Fine 15 Net holder that we auctioned in 2015, and this 1875 $5. It is a very attractive and solid note with pleasing color and dark pen signatures including that of Billings P. Learned, who served as bank president from 1865 until his death in 1884.
From The Westchester Collection
More information about New York National Bank Notes.
Estimate: $3,000 - up.
View all of [The Westchester Collection ]
View Certification Details from PMG
Auction Info
Buyer's Premium per Lot:
22% of the successful bid (minimum $29) per lot.
This lot is in: 2 -
Heritage Signature® Auctions Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
(Lots 20219-21059) - 11:00 AM Central Time, Wednesday, January 14, 2026.
[Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live now starts within 2 hours of when the auction opens for proxy bidding and continues through the live session.]
Exhibition Viewing Times, Title Page, Floor Session and License Information
Additional Location Info:
Heritage Auctions
2801 W. Airport Freeway
Dallas, TX 75261
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | Currency Grading Tutorial
** Lots bearing estimates and without Consignor Reserve shall open at Heritage Auctions' discretion (usually 25% to 60% of the low estimate).