1929 Type 2 $5 Evansville, Indiana CU-65 EPQ PMG (CH#2188)
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This small size National was issued by the Citizens' National Bank of Evansville, Indiana. This note was the last series of National Currency Notes that were first issued in 1863.
- These small size National Currency notes were issued beginning in early 1929.
- This note will be housed in an inert mylar currency sleeve and graded CU-65 by PMG and designated as having Exceptional Paper Quality (EPQ).
- Face: A portrait of Abraham Lincoln.
- Back: An engraving of the Lincoln Memorial.
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 note was the last series of National Currency Notes that were first issued in 1863. 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.
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