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Ebay Find: Rare, Uncirculated Bank of Middletown 1929 $5 Bill

One day remains to bid on this pristine, "exceedingly scarce" bank note.

 

Notaphilist alert: Just one day remains to bid on this uncirculated Central National Bank of Middletown $5 bill. Two fat "5s" perch at the top of this bank note and President Abraham Lincoln is contained within an oval portrait.

The eBay seller writes, "There are no distractions of any kind. There are 43 small known on this Middlesex County bank, according to Track & Price. Exceedling scarce in uncirculated condition. Serial Number F006704A."

According to Collectors Weekly, cities printing their own U.S. currency began at the height of the Civil War in 1863 and continued until 1935. "There were three 20-year 'charters' in a variety of denominations, each of which had a different design."

"By the time of the third charter, 1902 to 1929, the bills began to look more like the money we were familiar with up until just a few years ago, when the design of U.S currency changed for the first time in decades.

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"For example, five-dollar bills from this period bear an engraving of the Lincoln Memorial, as they do today. But the program of National Bank Notes was discontinued in 1935 due to the failure of many of the nation’s smaller banks during the Great Depression."

Barto July 08, 2012 at 07:22 PM
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