1929 Type 2 $5.00 Wichita, KS CU (Fr#1800-2) CH#2782
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Currency Highlights:
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!
The First National Bank of Wichita, Kansas has Charter #2782.
This note was the last of the 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.
This uncirculated note was issued by the First National Bank in Wichita, Kansas and is in a great level of preservation.
Currency Highlights:
- These small size national currency notes were issued beginning in early 1929.
- Sealed in an archival quality currency sleeve.
- Crisp Uncirculated condition.
- Signatures of Jones/Woods—Fr#1800-2.
- Face: A portrait of President 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!
The First National Bank of Wichita, Kansas has Charter #2782.
This note was the last of the 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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