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    Description

    First Large Size Offering in Nearly Twenty Five Years

    Nogales, AZ - $10 1902 Plain Back Fr. 628 The First NB Ch. # (P)6591
    Nogales was a busy border town with enough business (not necessarily population) to support two National Banks. This was the first of the two banks to open in town. It was chartered under the name Sandoval National Bank in 1903, but used that name for just one year. In 1904, the name was changed to the First National Bank, issuing large size notes with Territorial and State designations, as well as small size beginning in 1929. There are just four large size notes known with the First National Bank title, two territorials and two state issues. Our records show that this is the lone large size note to be offered since the other Statehood issue was offer in our 1993 Currency Auctions of America Auction. At least one of the other known large size notes, a serial number 2 Red Seal is locked up in the Higgins Museum. The paper is bright and problem-free with excellent stamped signatures. PCGS Very Fine 25.


    Auction Info

    Auction Dates
    January, 2018
    3rd-9th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
    Page Views: 319

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