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- These small size National Currency notes were issued beginning in early 1929.
- This note will be housed in an archival quality currency sleeve.
- Circulated Type-2 $5 note in Fine condition.
- Face: A portrait of Abraham Lincoln.
- Back: An engraving of the Lincoln Memorial in Washington D.C.
Handle your currency with care by adding these cotton gloves to your order.
Since over 12,000 banks were chartered and issued notes, these issues have become highly sought after by collectors. Add this nice collector’s item to your cart today!
This type was conceived by Secretary of the Treasury Salmon P. Chase who devised a system of nationally chartered banks. Individual banks purchased U.S. government bonds and deposited them with the comptroller of the currency. For up to 90% of the profit, the comptroller would authorize the production of notes bearing the individual bank’s name.
Issued by The First National Bank of Medford, Massachusetts. Charter #12979
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