RARE 1929 $10 FABENS, TX National Bank Note EL PASO COUNTY TEXAS




Item History & Price

Information:
Reference Number: Avaluer:601145Certification: Uncertified
Country/Region of Manufacture: United StatesGrade: Ungraded
Certification Number: NoneCirculated/Uncirculated: Circulated
Grade Designation: NoneType: Banknotes
Denomination: $10
Original Description:
On February 25, 1863 the United States Congress passed the Loan Bill better known as the National Banking Act. Under this system, all banks that were granted charters by the United States Government were allowed to deposit government bonds with the Treasurer of the United States, after which they could issue notes in an amount that was limited to 90% of the par value of the bonds so given. The banks would earn interest on the bonds and would also have the ability of issuing paper mone...y with their own imprints and bank names, thus National Bank Notes were created.This bank issued small type II's only and the current census stood at a paltry six before this one emerged! Type: 1929 $20 Type IIBank: The First National Bank of Fabens, TexasCharter: 11700Grade: Fine RARE 1929 $10 FABENS, TX National Bank Note EL PASO COUNTY TEXAS RARE 1929 $10 FABENS, TX National Bank Note EL PASO COUNTY TEXAS Click images to enlarge Description On February 25, 1863 the United States Congress passed the Loan Bill better known as the National Banking Act. Under this system, all banks that were granted charters by the United States Government were allowed to deposit government bonds with the Treasurer of the United States, after which they could issue notes in an amount that was limited to 90% of the par value of the bonds so given. The banks would earn interest on the bonds and would also have the ability of issuing paper money with their own imprints and bank names,  thus National Bank Notes were created.

This bank issued small type II's only and the current census stood at a paltry six before this one emerged! Type:  1929 $20 Type II
Bank:  The First National Bank of Fabens,  Texas
Charter: 11700
Grade: Fine Payment Payment is expected within 7 days for auctions. We accept Paypal, through which you can pay with a major credit card if you prefer. Shipping We ship internationally through Ebay global shipping program. We will pay for shipping to the U.S. processing location. The buyer is responsible for any additional shipping and/or import fees that may be imposed.  Terms of Sale We understand grading a picture a note on the computer can be difficult. In addition to high resolution scans we try to list any problems you may not be able to see. Sometimes mistakes do happen and we may miss something. If you are not satisfied with your purchase, you may return the item for a full refund within 30 days. Professionalism combined with excellent customer service is a priority. Please feel free to contact us with any questions or concerns. About Us Americana Currency is a New Jersey based paper money dealer focusing on providing quality banknotes and a diverse inventory for virtually every collector. We are Authorized Dealers for PCGS Currency and PMG as well as members of the PCDA (Professional Currency Dealers Association) and  SPMC (Society of Paper Money Collectors) 
We are proud supporters of the Numismatic community and founding donors to the Friends of the National Numismatic Collection at the National Museum of American History in Washinton DC.  We thank you for choosing Americana Currency for all of your paper money collecting needs! Contact Us We can be contacted through Ebay's messaging system. Pictures sell!
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