1929 Type 1 $10 St. Louis CU-64 EPQ PMG (Fr#1801-1) CH#170 3-SET
$1,495.00
| Volume Discount Pricing | |||
|---|---|---|---|
| Quantity |
Check/Wire |
CC/PayPal |
|
| Any Quantity | $1,495.00 | $1,510.57 | $1,557.29 |
The product pictured is the exact product you will receive.
Related Products
- Product Details
- Specifications
- Sell to Us
Currency Highlights:
- Serial numbers D000804A, D000805A, and D000806A.
- 3 consecutively serial numbered small size national currency are highly prized by collectors, and the fact all three are graded CU-64 Exceptional Paper Quality make this offering that much rarer.
- These small size National Currency notes were issued beginning in early 1929.
- These 3 notes are individually housed in archival quality currency holders by PMG.
- Certified CU-64 EPQ by PMG.
- Comments: Exceptional Paper Quality.
- Type-1 National Bank Notes.
- Face: A portrait of Alexander Hamilton.
- Back: An engraving of the U.S. Treasury Building.
- Signatures Jones/Woods. Friedberg # 1801-1. Charter # 170.
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!
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.
One of the unique aspects of these notes is that they were issued during a time of significant consolidation in the banking industry. The First National Bank of St. Louis was involved in several mergers, which created one of the largest financial institutions in the region at that time. Collectors often find these notes intriguing due to their historical context and the relatively small number of small-size notes issued by this charter (about 358,962 compared to over 2 million large-size notes)?.
National Bank Notes, including those from Charter #170, were backed by U.S. government bonds, which added a layer of security that wasn't present in earlier private bank-issued notes, making them more trusted by the public.
Not yet rated. Be the first to Write a Review
We provide all of our customers with a refund, return and / or exchange on everything we sell including all bullion and certified coins. If for any reason, you have a problem, please feel free to call us. We will always do our best to accommodate you.
