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Description

Ogden, UT - $10 1902 Plain Back Fr. 634 First Utah NB Ch. # 2597
This note bears the third title used here, and the last one used exclusively on large size notes. Fine-Very Fine, and bearing the signature of M.S. Eccles, the Utah banker who became an early member of FDR's brain trust. After a short stint as an assistant Secretary of the Treasury, Eccles was appointed Chairman of the Federal Reserve Board by Roosevelt in 1934, serving in that position until 1948, when policy differences with President Truman resulted in Truman declining to re-appoint him chairman, although he remained a Fed board member until 1951. The Washington headquarters building of the Federal Reserve System was renamed in Eccles' honor in 1982.


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Auction Info

Auction Dates
September, 2007
26th-28th Wednesday-Friday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 310

Buyer's Premium per Lot:
15% of the successful bid per lot.

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Sold on Sep 27, 2007 for: $632.50
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