1902 $10 Natl Curr Plain Back The First NB Hammond, IN Fr. 625 Ch.3478 NGC VF25

Description: C This 1902 $10 National Currency Plain Back note is issued by The First National Bank of Hammond, Indiana and graded Very Fine 25 by PMG. It features the Friedberg number 625 and Charter #3478, designating it as a historical artifact from one of Hammond's primary financial institutions of the early 1900s. Historical Background: During the early 20th century, National Bank Notes like this one provided a stable currency system across the United States. These notes were backed by U.S. government bonds, creating a sense of trust for regional currency holders and ensuring economic stability. National banknotes from smaller cities and towns, such as Hammond, hold particular appeal due to their limited circulation and rarity among surviving specimens. Design and Details:Obverse: Displays the portrait of William McKinley, the 25th President of the United States, symbolizing national unity and economic progress.Reverse: Features the "Plain Back" style, a simpler design used in the series, known for its classic and no-frills layout.Serial and Plate Position: This specific note includes plate position F, showcasing details that reflect its precise placement during printing, as well as signatures from officials of The First National Bank of Hammond. Specifications:Denomination: $10Type: National Currency – Plain BackGrade: PMG VF25Dimensions: Standard large-size note typical of early 20th-century U.S. currency Collectibility: This note is a sought-after piece for collectors focusing on early National Bank Notes, Indiana banking history, or currency from smaller towns. Its condition and historical background make it a valuable addition to any collection of vintage U.S. currency. For more unique currency and collectibles, visit Vierk's Eclectic Collection here.

Price: 389.92 USD

Location: Lafayette, Indiana

End Time: 2024-12-09T20:54:16.000Z

Shipping Cost: 0 USD