ddr70s Large NBN Type Set 42
1902 Date Back $5 National Bank Note

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Note Details

Set Details
Note Description: $5 1902 Date Back National Bank Notes
Grade: VF 20
Country: US
Note Number: 597
Seal Type: Blue with Date Back
Signatures/
Vignettes:		 Parker
Burke
Certification #: 8064690-013  
Owner: ddr70
Sets Competing: ddr70s Large NBN Type Set 42  Score: 527
ddr70s 1902 Type Mass #1  Score: 527
Date Added: 9/26/2020
Research: See PMG's Census Report for this Note

Owner's Description

Park Falls, WI First NB, Ch. # (M)10489 PMG 20 $5 1902 DB Fr. 597 SN 236/Y189903A pp D/354 dtd. Jan. 26, 1914. The total number of sheets issued by this bank was just under 5,000 with only 410 sheets of $5 DBs, and with a large size outstanding of $1,020, indicating limited possibilities for new discoveries from here. This evenly circulated and well centered example has purple stamped signatures. This YA note would have been produced in 1914 shortly after the bank rec'd its charter. F.J. Kandutsch served as Cashier from the start (1914-18). J.B. Saunders signed as cashier yet didn't appear as Cashier in Comptroller of the Currency reports until 1919. The faded president's signature is that of G. Waldo also consistent with a note signed a few years after production. A fault-free, evenly-circulated example previously from the Chet Krause Collection.

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