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1902 Plain Back $5 Worcester, MA Fine (Fr#598) CH#7595

1902 Plain Back $5 Worcester, MA Fine (Fr#598) CH#7595

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1902 Plain Back $5 large size national note from The Merchants National Bank of Worcester, Massachusetts in Fine condition. An excellent addition to any collection.


Currency Highlights:
  • These large size National Currency notes were issued beginning in early 1902.
  • Housed in an archival quality currency sleeve.
  • $5 note from series 1902 Plain Back in Fine condition.
  • Lyons/Roberts signatures Friedberg #598.
  • Face: A portrait of President Benjamin Harrison.
  • Back: An engraving of the Pilgrims landing.
  • Charter #7595.

Handle your large size currency with care by adding these cotton gloves to your order.

National Banknotes are a very popular area of U.S. paper money collecting. 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. Since over 12,000 banks were chartered and issued notes, these issues have become highly sought after by collectors.

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