Series of 1902 $5 NB of Mount Vernon NY Fr#607 F15 PCGS

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A Series of 1902 $5 Large Size First National Bank of Mount Vernon, New York dated February 8th 1920 Fr#607 Charter #5271 Serial # 18464B Plate 1147 graded Fine 15 by PCGS. This note displays visible folds/creases, slight discoloration and uneven margins. Please view our photos for additional information.
Series of 1902 $5 NB of Mount Vernon NY Fr#607 F15 PCGS

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Product Description

A Series of 1902 $5 Large Size First National Bank of Mount Vernon, New York dated February 8th 1920 Fr#607 Charter #5271 Serial # 18464B Plate 1147 graded Fine 15 by PCGS. This note displays visible folds/creases, slight discoloration and uneven margins. Please view our photos for additional information.

National banknotes were a form of United States paper currency distributed by National Banks authorized by the United States government. Starting in 1863 under the National Banking Act, banks with federal charters would deposit bonds into the U.S. Treasury which in turn would allow them to issue banknotes valued up to 90% of the bond's face value. Throughout their years of issue, National Bank Notes were primarily large sized. Each large sized National Bank Note was assigned two distinct numbers. The Treasury serial number indicated the total number of notes of that series and denomination issued by all banks. The bank serial number indicated the number of notes of that series and denomination issued only by that bank.

Additional Info

Denomination $5
Condition Circulated
Grade Designation Fine 15
Mint / Brand United States
Aggregate Precious Metal Weight in oz 0.0000
SKU 1902$5F15

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