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    Great Tonopah, NV Large Size Rarity

    Tonopah, NV - $5 1902 Plain Back Fr. 600 Nevada First NB Ch. # (P)8530
    A great Nevada rarity which is new to the census, which now totals six large examples known to exist. All save one have been tightly held for more than twenty-five years, with that lone exception a piece sold by Heritage a full two decades ago. This institution was the sole National Bank in Tonopah, a mining town which owes its existence to the discovery of rich veins of silver in 1900 that re-established Nevada as America's largest producer of silver, the Comstock Lode having played out several years earlier. Within the span of only a few years great fortunes were made and the town's population exploded, reaching over 8,000 by 1906. By 1907, the year this bank was organized, Tonopah had become the financial center of Nevada, with four banks with a combined million dollar plus capitalization serving the community. While the silver mining boom has long passed, this area is still a substantial producer of the metal, although the population of the town has declined to just under 2,500 in the 2010 census. With no offerings of any large note from this community since 1995, any estimate is simply a speculation, but if rarity and desirability are any guide, expect this PCGS graded Fine 12 example to easily reach and quite possibly well exceed...

    Auction Info

    Auction Dates
    September, 2014
    3rd-8th Wednesday-Monday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 1,597

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