Scarce 1902 $10 Plain Back National Currency Bank Note CH 1457 Madison Indiana

Description: 1902 Madison, Indiana National Branch Bank$10 Ten Dollar National Currency Note Lyons / Roberts Ch# 1457Plain Back with Free Shipping! This 1902 $10 banknote is a great addition to any currency collection. The note features the portrait of William McKinley with the denomination clearly marked. This note has been circulated, adding to its historical value and authenticity. The note is uncertified and ungraded, making it a great find for collectors who are just starting out. This banknote is a part of the National Banknotes collection, and is a must-have for any collector of US currency. Add this piece of history to your collection today! The 1902 $10 National Bank Note from Madison, Indiana, bearing the Charter #1457. National Bank Notes were introduced as part of the National Banking Act of 1863, which aimed to create a stable national currency system during the Civil War. These notes were issued by national banks, each backed by U.S. government securities, ensuring their value and reliability. The 1902 series represents an era when National Bank Notes were a cornerstone of American commerce and banking, playing a crucial role in local economies across the country.The design of the 1902 $10 National Bank Note is both intricate and symbolic. The obverse of the note features a portrait of William McKinley, the 25th President of the United States, who served from 1897 until his assassination in 1901. McKinley's portrait is prominently placed in an ornate frame, surrounded by elaborate scrollwork and the inscriptions "National Currency" and "United States of America." This personalization adds historical and regional significance to each note.The reverse side of the note showcases a vignette of Columbia, a personification of the United States, holding the American flag and an olive branch, symbolizing peace and patriotism. Surrounding Columbia are allegorical figures representing agriculture and industry, highlighting the nation's economic strength and diversity. The denomination "Ten Dollars" is clearly stated, along with additional design elements that emphasize the note's federal backing and national importance. The intricate design and symbolism on both sides of the note underscore the craftsmanship and artistic value inherent in these historic pieces of currency.The 1902 $10 National Bank Note encapsulates a rich narrative of American banking and currency. Its design elements, featuring William McKinley and allegorical representations of the nation's strength, reflect the values and achievements of the era. The limited mintage and regional significance enhance its collectible value, making it a sought-after piece for collectors and historians alike. The note's historical and artistic merits make it a valuable asset, offering a tangible connection to the past and a deeper understanding of the nation's financial evolution. Series 1902 $10 National Bank Notes were issued from 1902-1929, and circulated during World War I and the Great Depression. Now over 80 years old, this obsolete note is a great snapshot of American history. As of 1960, it was estimated that 99.8% of all National Bank Notes issued had been redeemed? leaving less than 1% for today's collectors. Don't miss out on this important piece of history. Please check back with seller Vierksjewelry frequently as we will be listing many more rare and collectible coins and currency in the future along with some of the coolest items imaginable and all at ridiculously low prices and minimum bids! Note: We have recently purchased another large coin collection and will be posting some great listings over the next few weeks of Hi-Grade, Scarce Date, and Very Desirable coins and currency, so please keep an eye on us! See other items we have listed at Bargain Prices! You Like Hi Grade Coins & Currency? You are going to want to Check Back with us Frequently! We will be listing a ton of Fabulous Pieces over the next few months! SHIPPING: This item is being shipped at no additional charge to you!

Price: 393.93 USD

Location: Lafayette, Indiana

End Time: 2024-12-12T17:35:13.000Z

Shipping Cost: 0 USD