1902 $10 national bank note
A 1902 Series $10 national bank note from The First National Bank of Joseph, photographed by Heritage Auctions. The bold “8048” indicates the bank’s charter number, assigned at creation, while the bold “P” designates the bank’s region, which is “Pacific.” William McKinley, pictured left, served as the twenty-fifth US President from 1897-1901. Also, note bank president Ludwig Knapper’s faint signature in blue ink, below the blue Treasury seal. While the grading condition is not pictured, this note received a “Fine” appraisal, meaning it experienced average circulation, evidenced by the folds and wrinkles visible, yet retains most of its detail and coloring. 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 $10,925 in 2004.
| Source: Heritage Auctions. “$10 1902 Date Back Fr. 617 The First NB Ch. # (P) 8048.” available at https://is.gd/Hqq8SE.