559
1902 $10 National Currency Third Charter President McKinley The Second National Bank OF Cumberland G
Currency:USD
Category:Coins & Paper Money
Start Price:25.00 USD
Estimated At:195.00 - 390.00 USD
NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2021 Apr 19 @ 13:00UTC-4 : AST/EDT
DEMO LOT
1902 $10 National Currency Third Charter President McKinley The Second National Bank OF Cumberland Grades vf+. This note belongs to an important series of United States currency in that it is the last type note of National Bank Currency printed in the old larger size. At the beginning of the final charter of notes (1929) all the new notes are made in the new smaller size. This note also features the portrait of William McKinley, who had been shot and killed at the Pan-American Exposition just a few months before the first notes in this series were printed and released bearing his image. National bank notes are different from other nationally printed currency in that they are printed specifically for each individual chartered bank organization. This assisted greatly in creating a system of bank notes that were the same across the country. This aided in travelers knowing what they were spending and receiving in change, rather than the times when each bank and state printed their own currency with their own designs. The National Bank Note system was abandoned shortly after the changeover to smaller size notes in 1929, making the third charter notes the last truly used issue of this kind.
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148 Route 73, Suite 3-284, Voorhees, New Jersey, 08043, United States
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Infinite |
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