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1929 Pennsylvania National -First title charter 8499

coinkatcoinkat Posts: 23,217 ✭✭✭✭✭
in U.S. & World Currency Forum

The first title is The Farmers National Bank of New Holland and there was a smaller issue and only for type I notes. The second title is The Farmers National Bank & TC of New Holland and that run is larger and extends to type II notes.

So the question for the PA National experts is... Is there a premium for the first title over the second title?

The issue for the first title is relatively small- 420 sheets for the $10 and 148 sheets for the $20

Experience the World through Numismatics...it's more than you can imagine.

Comments

  • coinkatcoinkat Posts: 23,217 ✭✭✭✭✭

    I found this on Heritage as they sold a $20 back in 2001. And this is the description...

    A rare Lancaster County note, as this bears the first title, used here only until May of 1930. Kelly reports only two such notes in the census, with this the first we've had. Fine-Very Fine, actually with a higher grade front and a bit of wallet stain on the reverse. Est. 200-400

    I suspect the low serial number helps the cause... seems to be more difficult than I had anticipated

    Experience the World through Numismatics...it's more than you can imagine.

  • coinkatcoinkat Posts: 23,217 ✭✭✭✭✭

    I would have thought one PA collector would have made a comment of some sort... we are not dealing with atomic secrets here.

    Experience the World through Numismatics...it's more than you can imagine.

  • AlexinPAAlexinPA Posts: 1,458 ✭✭✭✭✭

    @coinkat said:
    I would have thought one PA collector would have made a comment of some sort... we are not dealing with atomic secrets here.

    Why? Don't know anything about that bank and I am not familiar with every Lancaster County town. Picture would have been nice.

  • coinkatcoinkat Posts: 23,217 ✭✭✭✭✭

    Why?

    I thought it was a reasonable question and at least one PA specialist would have an answer or would share something based on their collecting experience...

    Experience the World through Numismatics...it's more than you can imagine.

  • numbersmannumbersman Posts: 1,039 ✭✭✭✭

    If you can post a pic,I will provide you with the T&P data...it may be helpful.

    Collector of numeral seals.That's the 1928 and 1928A series of FRNs with a number rather than a letter in the district seal. Owner/operator of Bottom Line Currency
  • coinkatcoinkat Posts: 23,217 ✭✭✭✭✭

    Thanks for you willingness to help... I am satisfied with what I have uncovered thus far

    Experience the World through Numismatics...it's more than you can imagine.

  • sellitstoresellitstore Posts: 2,906 ✭✭✭✭✭

    I'm not a Pennsylvania collector or expert but I can tell you, yes, the first title does command a premium due to it's scarcity.

    Yes, @numbersman, Track and Price is the source of my information.

    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip.
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