Rare Irion County Texas National Bank Note
Unique for the Charter
Mertzon, Texas. $10 1902 Plain Back. Fr. 627. First NB. Charter #9810. PMG Very Fine 20.
A note that remains unique since it was first sold at auction in 2018, just under $200 was recorded outstanding on this charter in 1935. Hailing from a small town located just outside of San Angelo, Mertzon is a small community that has never exceeded a population of 1,000 individuals. Home to the First National Bank of Mertzon which first opened its doors in 1910 and remains in business through the present day, notes from this institution were likely a scarce sight in commerce in the time in which this note circulated as the annual circulation of the First National Bank never exceeded $6,250 during the National-Banking-era. As for the note itself, even circulation is noted and the paper body does not suffer from impairments of any kind. The signatures from Cashier G. C. Magruder and President Fayette Tankersley remain boldly penned in blue and black ink and are plainly legible adding to the appeal of an already impressive note. For the collector of Texas Nationals seeking to further distinguish their holdings look no further as the chance to acquire a note from this charter and county might not repeat itself for decades.
Estimate: $10000.00- $15000.00
Price realized | 6'250 USD |
Starting price | 6'000 USD |