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1929 Type 1 $5.00 New York, NY VG (CH#1461)

1929 Type 1 $5.00 New York, NY VG (CH#1461)

Here is a Series 1929 $5.00 National Currency note issued by The National City Bank of New York, NY. Priced affordably for the beginning collector.

Currency Highlights:

  • These small size National Currency notes were issued beginning in early 1929.
  • Housed in an archival quality currency sleeve.
  • A moderately circulated note in Very Good condition.
  • Face: Depicts a portrait of President Abraham Lincoln.
  • Back: Features an engraving of the Lincoln Memorial.

Protect your Small Size Currency by adding a protective currency holder 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 collector’s item to your cart today!

This series 1929 $5 National Note was issued by The Public National Bank and Trust Company of New York, New York. This bank had Charter number 1461, and was one of the later banks to be chartered in 1917.

The last series of National Currency Notes 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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