1929 Type 2 $5.00 Reno, Nevada CU-65 EPQ PMG (Fr#1800-2) CH#7038
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$1,245.00 $1,295.00
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| Volume Discount Pricing QuickShip® Eligible | |||
|---|---|---|---|
| Quantity |
Check/Wire |
CC/PayPal |
|
| Any Quantity | $1,245.00 | $1,257.97 | $1,296.87 |
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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 Reno, Nevada Charter #7038 .
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 Series 1929 National was issued by the First National Bank of Reno, Nevada. This is a beautiful Type 2 note. Graded Gem Uncirculated-65 by PMG. This is a very tough note to fine, especially in this level of preservation.
Currency Highlights:
- These small size National Currency notes were issued beginning in early 1929.
- This is a Type 2 note.
- Housed in an archival quality currency holder by PMG.
- Graded CU-65 EPQ by PMG.
- Exceptional Paper Quality.
- Face: A portrait of President Abraham Lincoln.
- Back: An engraving of The Lincoln Memorial.
- Signatures of Jones/Woods - Friedberg 1800-2.
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 Reno, Nevada Charter #7038 .
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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