1902 $20 Twenty Dollars - The First National Bank of Morgantown, Indiana - National Currency Large Size Bank Note Bill (PMG 30)
Fr. 650
This auction is finished.
- Lot number 2496368
- Total views 9
- Total bids 9
- Winning bid $343.00
- Buyer's premium $58.31
- Total $401.31
- COIN NO RESERVE
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PMB Graded 30 (Very Fine). Please see the images for more details on the condition of the note.
National Bank Notes were United States currency banknotes issued by National banks chartered by the United States Government. The notes were usually backed by United States bonds the bank deposited with the United States Treasury. In addition, banks were required to maintain a redemption fund amounting to five percent of any outstanding note balance, in gold or "lawful money".
Due to the uniqueness of each item, please refer to the photos provided in this auction. We offer high resolution images of each item rather than a written description of condition.
This item is being shipped from the Pristine Auction warehouse.
