Lincoln, Illinois. $1 Original. Fr. 382a. The First NB. Charter #2126. PMG Choice Uncirculated 63 EPQ.
A fitting town name from the "Land of Lincoln," this small community was named for the 16th President before he was even elected President in 1853. The First National Bank of Lincoln was like most banks created in the decades after the American Civil War, with an unremarkable total circulation of $878,000 and an operational period spanning several decades. However, the First National Bank is one of a few that have consistently provided collectors with high-end First Charter Nationals, a series otherwise littered with notes that witnessed heavy circulation. The present note is representative of one of those notes that somehow evaded redemption and appears as fresh as the day it was cut from a sheet almost 150 years ago. This examples retains penned signatures from Cashier Harrison B. Schuler and President John Dean Gillet and a bright crimson overprint that looks as fresh as an apple at the local farmers markets. Indeed it should come as no surprise that this example has been noted for "Exceptional Paper Quality" by PMG.
Estimate: $3000.00- $4000.00
Price realized | 2'900 USD |
Starting price | 1'800 USD |