Tag: Nationals

Serial Number 1 National Currency from Nevada with Could Bring $50K in Heritage Currency Auctions

Serial Number 1 National Currency from Nevada with Could Bring $50K in Heritage Currency Auctions

Tonopah, Nevada, $10 1929 note, serial #1, offered with nearly 4,000 lots Sept. 3-5 & 8 DALLAS – A 1929 $10 National Bank Note from Tonopah, Nevada, featuring a rare and desirable A000001A serial number, may sell for $50,000+ in Heritage Auctions’ Long Beach Expo U.S. Currency Signature® Auctions, Sept. 3-5. Additional lots will be […]

The Civil War and the National Banking System – The Birth of National Bank Notes

The Civil War and the National Banking System – The Birth of National Bank Notes

by Kevin Foley for CoinWeek ……. On the eve of the Civil War in 1861, the financial and banking system in the United States bore little resemblance to current institutions and practices. There was no central bank. The Federal Reserve System had yet to come into existence. Banking was largely a state regulated function. Money […]

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