1902 Plain Back $5 Birmingham, Alabama Fine CH#7020
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Product Details
This large size National was issued by the American-Traders National bank of Birmingham Alabama. This note has normal wear and tear for the grade with great eye appeal!
Currency Highlights:- These large size National Currency notes were issued beginning in early 1902.
- Housed in an archival quality currency sleeve.
- Circulated Plain Back $5 note from Series 1902 in Fine condition.
- Charter# 7020
Protect your product from fingerprints 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 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. - Specifications
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