5070

Ely, Nevada - $10, 1929 Type 1, The Ely National Bank, Charter 9310. Fr. 1801-1

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:3,000.00 USD Estimated At:4,000.00 - 6,000.00 USD
Ely, Nevada - $10, 1929 Type 1, The Ely National Bank, Charter 9310.  Fr. 1801-1
SOLD
3,300.00USDto d**********3+ buyer's premium (759.00)
This item SOLD at 2015 Oct 03 @ 09:37UTC-7 : PDT/MST
If you want to view an enlarged image, click on the thumbnail image in the lower left of the main image.
You can download a higher resolution image by clicking on the title below the enlarged image.
You can request extra images to be added by contacting HWAC at uwe@fhwac.com or by calling 775-851-1859
With just four $10s reported, this is the finest of the 4,164 issued. Facsimile signatures of N. H. Chapin, cashier and Osmond George Bates, president. Condition: Very Fine. Serial Number: 407. With a capital of $25,000 The Ely National Bank opened its doors in February of 1909. The first notes the back received from the Comptroller of the Currency was in March of 1909. A total issue of $421,670 worth of notes were issued and on August 1, 1935 just $43,050 was outstanding. From this amount, one large size note is recorded and thirty small size notes are recorded. The banks last president, Osmond George Bates entered the banking business in 1920 when he purchased the controlling interest in the Ely National Bank. In 1925 he purchased the The Copper National Bank of East Ely and in 1926 he purchased the controlling interest in the McGill National Bank. Ely Nevada HWAC# 32221