Moline, IL - $1 Original Fr. 380 The First NB Ch. # 160. ...

Description

Excessively Rare Moline Original Ace

Moline, IL - $1 Original Fr. 380 The First NB Ch. # 160
In our January 2002 FUN Signature Auction, this piece was a featured rarity from the Land of Lincoln. It was described in part, "A spectacular Illinois rarity which is the first example to ever be publicly offered from this excessively rare bank. Moline is a community which, despite its size, is just about unobtainable to collectors. Both banks here were short lived, and our records disclose that this is only the second time in sixty plus years that collectors have had any opportunity to add any note from this town to their holdings, with the first sale coming when we sold a considerably lower grade Brown Back on Moline's other bank as part of the Shaw collection for $11,000 two years ago." In that auction it brought $9,775 and since then, only one other note has been offered, a badly worn $10 Brown Back in Good that still managed to command $2,760 in 2007. PMG Very Fine 25.

More information about Illinois National Bank Notes.