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1929 Type 1 $10 Watsontown, PA Very Fine (CH#2483)

1929 Type 1 $10 Watsontown, PA Very Fine (CH#2483)

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This Series 1929 $10 National Currency Note was issued by The Watsontown National Bank of Watsontown, Pennsylvania. This example is in Very Fine condition and is a scarce bank with limited examples available.

Currency Highlights:
  • These small size National Currency notes were issued beginning in early 1929.
  • Housed in an archival quality currency sleeve.
  • A scarce note in Fine condition.
  • Face: Depicts a portrait of Alexander Hamilton.
  • Back: Displays an engraving of the U.S. Treasury Building in Washington, D.C.
  • Scarce Watsontown National Bank of Watsontown, Pennsylvania.

Protect your Small Size Currency by adding a protective currency holder 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 small size note would be considered common in terms of Nationals, so the price is affordable for the beginning collector!

The last series of National Currency Notes 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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