Feb. 16, 2001, The Benson Collection Part 1, Sale 8
Lot 2609
Massachusetts, Worchester,
1875, $50.00, The City National Bank of. Charter 476. Fr. 444. Only 1160
Series of 1875, $50.00 denomination were issued from this institution and only
this is the only one that has survived the ravages of time and wars. And this
note is only 1 of 4 reported on this bank! Early $50.00's have been very tough
to locate over the last few years, especially with the blue end paper. Dark
overprinted signatures. Very Fine.
Estimated Value $7,500-12,000.
Lot 2610
New Jersey, Atlantic City,
1929, $10.00, Type 2, The Boardwalk National Bank of. Charter 8800. Fr.
1801-2. While not very rare, we find almost no notes that are this state of
condition from this bank.
Estimated Value $250-450.
Lot 2611
New Jersey, Bradley Beach,
1929, $5.00, Type 2, The First National Bank of. Charter 10224. Fr. 1800-2.
A high grade note from this avidly collect county. Extremely Fine.
Estimated Value $750-1,250.
Lot 2612
New Jersey, North
Arlington, 1929, $5.00, Type 2, The North Arlington National Bank. Charter
12033. Fr. 1800-2. A decent note from Northeastern New Jersey. Fine to Very
Fine.
Estimated Value $250-500.
Lot 2613
New Jersey, Nyack, 1929,
$5.00, Type 2, The Nyack National Bank and Trust Company. Charter 2378. Fr.
1800-2. This was second title for this Rockland County institution.
Extremely Fine.
Estimated Value $400-600.
Lot 2614
New York, Albany, 1902,
$10.00, Red Seal, The First National Bank of. Charter 267. Fr. 613. A solid
Red Seal from the Capital of the "Empire State". Very Fine.
Estimated Value $500-1,000.
Lot 2615
New York, Far Rockaway,
1929, $5.00, Type 2, The First National Bank of. Charter 9271. Fr. 1802-2.
An outstanding note from this Queens location! Nice margins, great colors and
the distinctive signature of the cashier make this note go "far". Gem
Uncirculated.
Estimated Value $750-1,250.
Lot 2616
New York, Great Neck
Station, 1929, $5.00, Type 1, The First National Bank of Great Neck at.
Charter 12659. Fr. 1800-1. Excessively rare with only 2 notes reported from
this popular Nassau County location! Small size nationals were first issued in
1929 and the bank was able to issue $128,270 of small size notes before it
liquidated on 10/31/31. Of that amount issued, only $10.00 is known! A very
tight top margin. Very Fine to Extremely Fine.
Estimated Value
$1,500-2,500.
Lot 2617
New York, Islip, 1929,
$5.00, Type 2, The First National Bank of. Charter 8794. Fr. 1800-2. Both
the president and the cashier of this bank must have been very busy as we was
one in the same! This note comes to us from the ever so popular Suffolk County.
Almost Uncirculated.
Estimated Value $600-1,200.
Lot 2618
New York, Lindenhurst,
1902, $10.00, Red Seal, The First National Bank of. Charter 8833. Fr. 615.
A great "trophy" note with wonderful stats on the bank. Organized on July 8,
1907, the bank was issued its charter in August. Only 200 sheets of Red Seal
notes were issued and this is serial number 2! Over the life time of the bank,
the institution issued a mere $108,050.00 worth of currency, which in 1935, the
meager amount of $430.00 was outstanding!
With beautiful pen signatures
of George Pebler, cashier and C.C. Abbott, president. Uncirculated.
Like in real estate, nationals are location, location, location. This
note is very much like a solid square block of any metropolitan financial
district. May it be New York, San Francisco or even Chicago it's the location.
Lindenhurst is located in Suffolk County, and has the current population of
just over 27,000.
Estimated Value $4,500-6,500.
Lot 2619
New York, Long Beach,
1902, $5.00 Plain Back, The National City Bank of. Charter 13074. Fr. 609.
One of only three sheets known from this coastal town. We have seen one of the
other two sheets, but it is locked up in a collection. The last sheet
whereabouts is unknown to us. The top salvage has been trimmed and the
sheet has been folded between the notes, otherwise Uncirculated.
Estimated Value $8,000-12,000.
Lot 2620
New York, Manhasset, 1902,
$5.00, Plain Back, The First National Bank of. Charter 11924. Fr. 607. A
very impressive note from this popular Nassau County location. The bank was
organized in late 1920 and chartered in January, 1921. It only issued the $5.00
denomination with just 3062 sheets. By 1935, only $355.00 was outstanding on
this bank! Just two other inferior notes are reported and can not even come
close to this. Choice Uncirculated.
Estimated Value $3,500-7,000.
Lot 2621
New York, Millerton, 1929,
$20.00, Type 1, The Millerton National Bank. Charter 2661. Fr. 1802-1. As
nice a small size example from this avidly collected county as we have seen.
Plenty of embossing! Gem Uncirculated.
Estimated Value $250-500.
Lot 2622
New York, New York, 1902,
$5.00, Red Seal, National Bank of Commerce in. Charter 733. Fr. 587.
Perfect for type. Nice margins, well-centered, vivid colors, great paper
surfaces, but a very small corner fold. Choice Uncirculated.
Estimated Value $800-1,600.
Lot 2623
New York, Port Jarvis,
1929, $10.00, Type 1, The National Bank and Trust Company of. Charter 1363.
Fr. 1801-1. Only 17 notes reported to Kelly on this title. Fine.
Estimated Value $50-100.
Lot 2624
New York, Windham, 1929,
$5.00, Type 2, The National Bank of. Charter 13962. Fr. 1800-2. The last
bank to be chartered in this small Greene County town. Choice Uncirculated.
Estimated Value $400-600.
Lot 2625
Ohio, Ashtabula, 1882,
$10.00, Brown Back, The Farmers National Bank of. Charter 975. Fr. 480.
Nice pen signatures. Chartered in 1865, this bank survived the Great Depression
when a good number of banks did not. Only 7029 sheets of "brown backs" were
issued. A mere $6,765.00 of large-size notes were outstanding in 1935. Fine
notes reported in Kelly, this surely must be the finest of them all.
Extremely Fine.
Estimated Value $450-650.
Lot 2626
Ohio, Youngstown, 1902,
$5.00, Plain Back, The Second National Bank of. Charter 12332. Fr. 609. The
title "Second National Bank" was rarely requested from the Comptroller during
the 20th Century. This bank seems to have been bucking the trend in 1923. Two
notes are listed in Kelly and with only $1,060.00 outstanding when the bank
closed in 1931, it should stay that way. Fine to Very Fine.
Estimated Value $400-800.
Lot 2627
Pennsylvania, Bridgeville,
1929, $20.00, Type 1, The First National Bank of. Charter 6636. Fr. 1802-1.
Scarcer denomination from Allegheny County in western Pennsylvania. A rust mark
from a paper clip. Very Fine to Extremely Fine.
Estimated Value
$150-300.
Lot 2628
Pennsylvania, Erie,
Original Series, $1.00, The Marine National Bank of. Charter 870. Fr. 380.
Very pleasing "Ace" with ample margins, bright colors, and just a few folds.
Extremely Fine.
Estimated Value $750-1,250.
Lot 2629
Pennsylvania, New Freedom,
1902, $5.00, Plain Back, The First National Bank of. Charter 6715. Fr. 598.
Wonderful note from York County. Hard to estimate these popular Southeastern PA
notes, especially in this nice condition. Only 8 notes reported. Extremely
Fine.
Estimated Value $750-1,500.
Lot 2630
Pennsylvania, New Castle,
1902, $10.00, Plain Back, The First National Bank of. Charter 562. Fr. 624.
We understand that their is more interest in western Pennsylvania nationals
these days so we are happy to have this nice example cross the auction block.
From Lawrence County we have this slightly better note with just 5 other notes
reported on this title. Fine to Very Fine.
Estimated Value
$200-400.
Lot 2631
Pennsylvania,
Philadelphia, 1882, $20.00, Brown Back, The Girard National Bank of.
Charter 592. Fr. 494. Only large size notes from this Philadelphia issuer.
Extremely Fine.
Estimated Value $500-1,000.
Lot 2632
Pennsylvania, Titusville,
1875, $2.00, The Second National Bank of. Charter 879. Fr. 391. "Lazy
Deuce" have virtually disappeared from the market in recent years and with no
supply and plenty of demand, prices are only going one way - up! This evenly
circulated note has all four margins and great colors! Very Fine.
Estimated Value $2,000-3,000.