1902 $100 national bank note

1902 $100 national bank note

A 1902 Series $100 national bank note from Boise City National Bank photographed by Heritage Auctions. The bold “3471” indicates the bank’s charter number, assigned at creation. $100 national bank notes are more valuable than lower denominations, as banks printed fewer high-denomination bills. John J. Knox, pictured left, a U.S. Army Major, became known for his work in the Freedman’s Bureau, a federal humanitarian agency that assisted manumitted slaves during Reconstruction. The grading condition “15” indicates that this note received a fair amount of use in circulation but remains in good condition visually. Interestingly, this bill lacks signatures from City National’s president and cashier. Also observe that this is larger than modern U.S. currency. In 1929, the Treasury decreased the size of bank notes from 7.375 x 3.125 inches to 6.14 x 2.61 inches. The note pictured sold for $2,640 in 2018.

| Source: Heritage Auctions. “$100 1902 Date Back Fr. 690 Boise City NB Ch. # 3471,” available at https://is.gd/3tBc8o
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