1902 $5 national bank note

1902 $5 national bank note

A 1902 Series $5 national bank note from the First National Bank of Rock Springs photographed by Heritage Auctions. The bold “3920” indicates the bank’s charter number, assigned at creation, while the bold “W” denotes the bank’s region, “West.” $5 national bank notes are more valuable than most collectible currency, given the low rate of survival for most national bank notes. Benjamin Harrison, pictured left, served as the twenty-third US President from 1889-1893. Also, note Augustine Kendall’s signature, below the blue Treasury seal. The grading condition “25” indicates that this note received some use in circulation but remains in very good condition visually though it contains stains or folds, most noticeable through the yellow lines in the center. 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 $2,400 in 2019.

| Source: Heritage Auctions. “$5 1902 Plain Back Fr. 600 The First NB Ch. # (W) 3920,” available at https://currency.ha.com/itm/national-bank-notes/idaho/boise-id-100-1902-date-back-fr-690-boise-city-nb-ch-3471/a/3567-22671.s?ic4=ListView-ShortDescription-071515#.
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