Stack's Bowers Galleries

Spring 2024 Auction  –  25 - 28 March 2024

Stack's Bowers Galleries, Spring 2024 Auction

Live Sessions: U.S. Coins and Currency, Physical Cryptocurrency

Part 1: Mo, 25.03.2024, from 4:00 PM CET
Part 2: Mo, 25.03.2024, from 11:00 PM CET
Part 3: Tu, 26.03.2024, from 5:00 PM CET
Part 4: Tu, 26.03.2024, from 9:00 PM CET
Part 5: We, 27.03.2024, from 4:00 PM CET
Part 6: We, 27.03.2024, from 8:00 PM CET
Part 7: We, 27.03.2024, from 10:00 PM CET
Part 8: Th, 28.03.2024, from 5:00 PM CET
Part 9: Th, 28.03.2024, from 6:00 PM CET
Part 10: Th, 28.03.2024, from 8:00 PM CET
The auction is closed.

Description

Sylvania, Georgia. $20 1902 Plain Back. Fr. 658. The NB. Charter #10829. PMG Very Fine 25.

A rare charter even among those that populate Georgia's rural landscape, this short-lived charter serving Screven County along the border with South Carolina was in operation from 1916 to 1930 when the bank was absorbed by the Sylvania Banking Co. With a total circulation of almost $250,000 the National Bank was an institution like its counterparts with comparable circulations. Out of that figure, however, only a handful of notes are recorded along with only three confirmed auction appearances in the past 30 years. Track & Price records three notes, including this one, while the National Bank Note Census records two, as this example has yet to be recorded there as of this writing. In any case, with the strength of the market for Georgia Nationals and their overall popularity and scarcity, it stands to reason that this will mark a rare opportunity to acquire a note from this charter unlikely to be repeated within the next decade. Indeed a must have for any advanced Georgia specialist seeking to build a first-rate assemblage of Peach State Nationals.

Estimate: $10000.00- $15000.00

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Bidding

Price realized 12'000 USD
Starting price 6'000 USD
The auction is closed.
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