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    Description

    Serial Number One Prescott

    Prescott, AZ - $10 1929 Ty. 1 The First NB Ch. # 13262
    The First National Bank in Prescott was one of the shortest lived banks in Arizona. It was chartered in late 1928 and succumbed to The Great Depression by early 1933 when it was liquidated. Only small size notes were issued by the bank, with a total issue of only $65,220. This sum was paltry compared to the larger banks in Tucson and Phoenix. Today, the census records two circulated notes and two serial number one sheets, the $5 and $10 sheets. The $10 sheet was cut and the notes were quickly acquired and buried by collectors. This is only the second note from that sheet to appear at public auction since the first one was offered in a Donlon auction in 1974. It was a part of Peter Huntoon's holdings for a long time. Outside of this bank, only three other serial number one small size notes are known from the entire state of Arizona. With the rarity of this bank, appeal of the location, and a 2009 realization of a Very Fine $5 topping $9000, we can easily see a realization for this PMG Choice Uncirculated 64 EPQ in the range of...


    More information about Arizona National Bank Notes.

    Auction Info

    Auction Dates
    October, 2012
    17th-23rd Wednesday-Tuesday
    Bids + Registered Phone Bidders: 5
    Lot Tracking Activity: N/A
    Page Views: 959

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