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Auction 424 | Lot 15778 » National Bank Notes » Indiana

Lebanon, IN - $2 Original Fr. 389 The First NB Ch. # 2057
A particularly well centered Original Deuce from an institution that has supplied several generations of quality conscious collectors with uncirculated examples of this type and denomination. Choice Crisp Uncirculated. Expect bidding to end at roughly...
From The Bill and Kathy Stella Currency Collection

Grade Choice Crisp Uncirculated

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Jan 6, 2007

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Auction 424 | Lot 16791 » National Bank Notes » Texas

Weatherford, TX - $10 1882 Brown Back Fr. 490 The First NB Ch. # (S)2477
A most attractive new addition to the census, which now numbers just two Brown Backs from here, with this by far the nicer of the pair. Pen signed bright Very Fine, a premium Lone Star Brown Back worthy of a very strong bid.

Grade Very Fine-Extremely Fine

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Auction 424 | Lot 16696 » National Bank Notes » Texas

Fort Worth, TX - $100 1882 Brown Back Fr. 523 The Farmers & Mechanics NB Ch. # 4004
The census shows twenty six $100 Brown Backs from the state of Texas, about ten percent of the total known from the entire country. Of that number, just two come from Fort Worth, both from this bank, and both in just about the same grade. This example is an evenly circulated pen signed specimen that displays the deep chocolate color that is sometimes found on Brown Backs, lending it great eye appeal far in excess of its technical grade. There are a few pinholes, but it is certainly safe to say that no serious collector of National Bank Notes would not eagerly embrace the opportunity to own this attractive item. Nice Fine+.

Grade Fine-Very Fine

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Jan 6, 2007

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Auction 424 | Lot 16908 » National Bank Notes » Wisconsin

Wisconsin Rapids, WI - $5 1902 Plain Back Fr. 603 The Citizens NB Ch. # (M)10330
This $5 with the scarce Napier-Thompson Treasury signatures is from the second title for this bank. The city changed its name from Grand Rapids to Wisconsin Rapids in 1920. The second title for this charter number is scarcer than its first title. The purple stamped signatures do show a degree of fading on this Fine+ note. As far as past appearances go, we have seen a $5 on this title in a similar grade go for almost $1500 a little over two years ago. We don't expect that tonight, but it would not surprise us to see this note go in the range of...

Grade Fine-Very Fine

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Auction 424 | Lot 16619 » National Bank Notes » South Dakota

Volga, SD - $5 1902 Plain Back Fr. 608 The First NB Ch. # 6099
This is a very rare note from a one bank community in the proverbial one horse town. While we would like to enliven our description of this item with a learned dissertation concerning the early homesteaders here who came from Russia, and, homesick for the motherland, named the community after their beloved river, the reality is that there were no Russians, the town name has nothing to do with the Volga River (it was named after an even more obscure community of the same name in neighboring Iowa), and the place was originally called Bandy Town after its original settler. The census shows just three large notes, including this piece, with a large outstanding of a ridiculously low $490 in 1935. If this were any other state but South Dakota, we would be estimating this attractive Fine+ example for four or five thousand dollars, but because they pay us the big dollars to come up with real world estimates, our best guess here is...

Grade Fine-Very Fine

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Jan 6, 2007

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Auction 424 | Lot 16898 » National Bank Notes » Wisconsin

Milwaukee, WI - $5 1902 Plain Back Fr. 609 Sixth Wisconsin NB Ch. # 12628
This bank changed titles late in September 1928. This left the bank with a mere ten months before the changeover to small size notes. There are only seven notes recorded for this title and that includes this note. In fact the last time we were able to offer a Fr. 609 on this bank in a similar grade it brought nearly $1400 on a $700 - $900 estimate. That was almost three years ago. Fine+.

Grade Fine

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Jan 6, 2007

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Auction 424 | Lot 16290 » National Bank Notes » Ohio

Elmore, OH - $10 1902 Plain Back Fr. 624 The First NB Ch. # (M)6770
A very rare note from the only bank in town. The census shows only two large examples, and, with a miniscule $360 outstanding from here in 1935, it is somewhat unlikely that many more wait to be discovered. Pen signed About Fine.

Grade About Fine

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Jan 6, 2007

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Auction 424 | Lot 16686 » National Bank Notes » Texas

Devine, TX - $10 1902 Plain Back Fr. 624 The Adams NB Ch. # (S)7212
This is the Irish collection example, which is by far the nicest note, large or small, extant from this one bank Medina County location. Crisp Uncirculated.

Grade Crisp Uncirculated

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Auction 424 | Lot 16900 » National Bank Notes » Wisconsin

Two More Milwaukee Nationals.
Milwaukee, WI - $10 1902 Plain Back Fr. 624 The National Exchange Bank Ch. # 1003 VF-XF
Milwaukee, WI - $10 1902 Plain Back Fr. 633 The Marine NB Ch. # (M)5458 XF.
Both of these Milwaukee notes are attractive, lightly circulated examples. The signatures are dark and the paper is bright. (Total: 2 notes)

Grade N/A

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Jan 6, 2007

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Auction 424 | Lot 16902 » National Bank Notes » Wisconsin

Seymour, WI - $10 1902 Plain Back Fr. 624 The First NB Ch. # (M)6575
Nice pen signatures are displayed by this $10 from Outgamie County. The last time a similar note from this scarce bank crossed the auction block it brought nearly $1000. That was less than two years ago. Fine.

Grade Fine

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Auction 424 | Lot 15668 » National Bank Notes » Illinois

Anna, IL - $10 1902 Plain Back Fr. 627 The First NB Ch. # 4449
While two banks were located here, this was the only one to issue the $10 1902 Plain Back design. Tonight's offering is a nice Very Fine still displaying easily legible stamped officers' signatures.

Grade Very Fine

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Auction 424 | Lot 16843 » National Bank Notes » Virginia

Newport News, VA - $10 1902 Plain Back Fr. 627 The First NB Ch. # 4635
The census includes just eight Large Size from here. Tonight's example is a crisp Very Fine+ with ample margins all around and darkly stamped signatures still readily in evidence.
From The George P. Hammerly Collection

Grade Very Fine

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Jan 6, 2007

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Auction 424 | Lot 16844 » National Bank Notes » Virginia

Newport News, VA - $10 1902 Plain Back Fr. 628 The First NB Ch. # (S)4635
This is a new note for the census that stands at 8 large as of this writing. The printed signatures are dark, while a couple of small holes are noticed. This is a tougher Virginia city when it comes to large size nationals. Very Good.

Grade Very Good

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Auction 424 | Lot 16688 » National Bank Notes » Texas

Eagle Pass, TX - $5 1929 Ty. 2 The First NB Ch. # 4490
This always in demand bank issued only high denomination examples in Type One notes, then only smaller denomination notes in Type Twos. Bright Very Fine+.

Grade Very Fine-Extremely Fine

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Auction 424 | Lot 16720 » National Bank Notes » Texas

Houston, TX - $5 1929 Ty. 2 San Jacinto NB Ch. # 13925
A nice example from this high charter Houston bank bearing a title with a distinctive Texas ring, as the Battle of San Jacinto, the decisive engagement which ensured that the Texian army of independence would prevail, was fought just outside of present day Houston. Bright About Uncirculated, with a couple of age spots on the back.

Grade About Uncirculated

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Auction 424 | Lot 15390 » National Bank Notes » Arkansas

Berryville, AR - $20 1929 Ty. 1 The First NB Ch. # 10406
Despite a relatively limited issue, this is one of Arkansas' more available small town banks. Fine+.

Grade Fine-Very Fine

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Auction 424 | Lot 16680 » National Bank Notes » Texas

Dallas, TX - $100 1929 Ty. 2 Republic NB & TC Ch. # 12186
This is one of only six Type 2 $100s in the census for this Dallas bank. It also carries the highest assigned grade of the five that have also had their grades reported. Type 2 $50s and $100s have a built-in nationwide collector base due to their scarcity. Very Fine-Extremely Fine.

Grade Very Fine-Extremely Fine

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Auction 424 | Lot 15543 » National Bank Notes » Colorado

Denver, CO - $1 Original Fr. 380 The First NB Ch. # 1016
Until this incredible numismatic rarity walked into the 2006 Denver American Numismatic Association convention, no one had any knowledge of its existence, although other Territorial number 1 notes from this bank had been known for many years. In fact, the other number one examples represented the entire census of Territorial number one notes from Colorado. This piece comes directly from the Moffat family, whose relative, C.H. Moffat, Jr., signs as Cashier on this note. The First National Bank of Denver was the first bank in Colorado to receive a national charter, and was long headed by legendary Colorado financier and railroad magnate David Moffat, for whom the Moffat Tunnel and Moffat County are named. This newly discovered note is the only serial number 1 ace known from any bank in Colorado, and one of a literal handful known from all Territorial banks combined. Fortunately for this generation of collectors, it is in a lovely state of preservation, with minimal traces of any circulation at all, befitting its status as the "A" or first note on the sheet. Bright Extremely Fine-About Uncirculated, a remarkable find and a true Colorado Territory trophy item fit for the very finest of collections.

Featured

Grade Extremely Fine-About Uncirculated

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Jan 6, 2007

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Auction 424 | Lot 15736 » National Bank Notes » Illinois

Springfield, IL - $1 Original Fr. 380 The First NB Ch. # 205
This is one of only two First Charter Aces known from the Illinois state capital, with the other example being somewhat inferior to this specimen. There are a couple of minor repairs and a margin split or two, but overall, the note remains quite attractive for the assigned grade and merits the attention of every serious collector of Illinois Nationals. Fine.

Grade Fine

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Jan 6, 2007

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Auction 424 | Lot 15748 » National Bank Notes » Indiana

Fort Wayne, IN - $1 Original Fr. 380 The Fort Wayne NB Ch. # 865
This otherwise Extremely Fine Ace becomes only the second note known from this issuer, which ceased operations in 1885, after emitting only First Charter designs. The last public offering from here was likely this note, rather than its VG-F colleague, from a Lowell Horwedel 1979 price list at $400. We do note that the top and bottom margins are slightly trimmed in and that a small chink, wholly outside the design, is missing at the upper left corner, but expect that the rarity and eye appeal of this attractive appearing Ft. Wayne rarity will result in a realization in the range of...

Grade Very Fine

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Jan 6, 2007

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Auction 424 | Lot 15757 » National Bank Notes » Indiana

Indianapolis, IN - $1 Original Fr. 380 The Indianapolis NB Ch. # 581
A better note from this very rare Indianapolis bank which issued First Charters and Brown Backs only before entering receivership in 1893. This is one of only two aces reported, with the other grading "Good." Nice Fine+++, a significant Indiana rarity.
From The Bill and Kathy Stella Currency Collection

Grade Fine-Very Fine

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Auction 424 | Lot 15774 » National Bank Notes » Indiana

Lafayette, IN - $1 Original Fr. 380 The Union NB Ch. # 882
A truly scarce Lafayette bank which issued First Charters only before disappearing in 1874. This is one of just four examples known, and is encapsulated in a CGA holder bearing a grade of Fine 15.

Service CGA

Grade Fine 15

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Jan 6, 2007

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Auction 424 | Lot 15858 » National Bank Notes » Kentucky

Henderson, KY - $1 Original Fr. 380 The Henderson NB Ch. # 1615
This is one of only two early notes known from this bank, both of which are Original Series aces. It's been encapsulated by CGA and graded Very Good-Fine 10, which certainly appears conservative enough to us.

Service CGA

Grade Very Good-Fine 10

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Jan 6, 2007

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Auction 424 | Lot 15909 » National Bank Notes » Maine

Portland, ME - $1 Original Fr. 380 The Canal NB Ch. # 941
While this was Portland's second largest issuer of large notes, early examples from here are virtually non-existent, with the census showing just one First Charter (a lower grade Lazy Deuce) and one Brown Back, which is graded as "Fair." This piece comes from a most unusual source, a small cash hoard from northern New England consisting of mostly US and Canadian $1 and $2 bills from the 1860's through the early 1880's. Not all of the notes were from New England or Canada, of course, as the newly discovered $1 Santa Fe, Territory of New Mexico specimen will attest, but a fair number, including this piece, trace their provenance to that source. Well circulated but intact Very Good.

Grade Very Good

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Jan 6, 2007

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Auction 424 | Lot 15942 » National Bank Notes » Massachusetts

Boston, MA - $1 Original Fr. 380 The Shawmut NB Ch. # 582
Although a fair number of the 1875 Series are known in the $1 denomination from here, this Fine addition to the census is the first $1 of the Original Series to surface. While the officers' ink signatures are quite strong, this note does have the typical New England trim.

Grade Fine

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Jan 6, 2007

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