Description: 1902 $10 National Currency Plain Back Fr. #631 Charter #4972 VF25 This 1902 $10 National Currency Plain Back note, graded Very Fine 25, is a significant collectible from the early 20th century. Cataloged under Fr. #631 and bearing Charter #4972 with plate position C, this note represents the "Plain Back" style, which showcases simpler design elements compared to the "Date Back" series. This approach was typical of the 1902 Plain Back notes, as the U.S. Treasury sought to streamline currency designs during this period. The front of the note features a detailed portrait of President William McKinley, whose legacy includes financial reform and economic stability efforts. The Plain Back style, while minimalist, was widely circulated and remains a popular choice among collectors for its clean lines and historical impact. National Bank Notes like this one were issued by local banks under a national charter, backed by the issuing bank's bonds with the U.S. Treasury. This system strengthened regional economies by supporting local financial institutions and fostering trust in paper currency across the nation. This note's Charter #4972 ties it to a specific bank, adding a layer of historical significance, as each chartered bank contributed uniquely to its community's growth. National Currency notes provide a glimpse into the development of the American financial system and its local impacts. Explore more at Vierk’s Eclectic Collection on eBay here.
Price: 445.55 USD
Location: Lafayette, Indiana
End Time: 2024-12-06T21:31:51.000Z
Shipping Cost: 0 USD
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Item Specifics
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
Denomination: $10
Circulated/Uncirculated: Circulated
Type: Banknotes
Year: 1902
Grade: 25
Country/Region of Manufacture: United States
Certification: PMG
