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1902 Plain Back $5.00 Minneapolis, MN VF-25 PMG (CH #710)

1902 Plain Back $5.00 Minneapolis, MN VF-25 PMG (CH #710)

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$229.99

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The prices shown under Check/Wire include a 4.0% cash discount. The prices shown under BTC/BCH (Bitcoin/Bitcoin Cash) include a 3.0% cash discount. The prices shown under CC/PayPal are the full list price.

CC/PayPal

The prices shown under Check/Wire include a 4.0% cash discount. The prices shown under BTC/BCH (Bitcoin/Bitcoin Cash) include a 3.0% cash discount. The prices shown under CC/PayPal are the full list price.

Any Quantity $229.99 $232.39 $239.57
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Product Details
This is a large size National, issued by the First National Bank in Minneapolis, Minnesota.

Currency Highlights:
  • These large size National Currency notes were issued beginning in early 1902.
  • Housed in an archival quality currency sleeve by PMG
  • Circulated Plain Back $5.00 blue seal note from Series 1902 in Very Fine-25 condition.
  • Lyons/Roberts signatures—Friedberg #598.
  • Face: A portrait of President Benjamin Harrison.
  • Back: An engraving of the Pilgrims landing.
  • Charter #710.

Some 12,000 banks were chartered and issued notes and these issues have become highly sought after by collectors. Add this nice collectors 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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