Breckenridge, Texas. $10 1929 Ty. 2. Fr. 1801-2. First NB. Charter

Sole Recorded Survivor on the First National Bank in Breckenridge (Charter# 14027) in the National Bank Note Census. The Penultimate T2 $10 Issued by the Bank Breckenridge, Texas. $10 1929 Ty. 2. Fr. 1801-2. First NB. Charter #14027. PMG Extremely Fine 40. Behold! A great rarity fresh from the weeds! Bidders have here for their consideration a truly landmark discovery on the previously unrecorded First National Bank in Breckenridge (Charter# 14027) which organized in 1934 and succeeded the First National Bank of Breckenridge (Charter# 7422) via liquidation. That move saw this institution assume the circulation of its legal predecessor which presumably explains why so few notes were issued by this bank and the fact it took until 2026 for this example to surface for the benefit of collectors. That said, it takes hardly a logical leap to consider this note a "monumental opportunity" for collectors who specialize in Texas Nationals, but first one must also pay heed to the contextual minutiae behind this remarkable item which stands a monumental new discovery for Texas. Looking at the grade assigned, one can observe signs of handling consistent with light circulation while a few "Pinholes" can be seen in the vicinity of the leftmost serial number and the engraved signature of Cashier Omer Archie Gillmore have been noted for posterity by PMG. These "Pinholes," however did not prevent the application of a positive comment for "Great Embossing" that speaks to the relative originality of this item that remains bold and abundantly demonstrated by the fact that one can read almost the entire title block and horizontal charter numbers when viewing the back design. Held together and one could conceivably consider the grade assigned by PMG conservative in relative terms as the apparent originality echoes something typically seen at a higher grade level. Yet the grade assigned is arguably a secondary consideration in the overall numismatic calculus when taken into consideration with similar rarities from Texas that have sold in recent years. Pedigreed to the Jack Copeland Currency Collection, bidders fiercely bid upon a T2 $10 representative of a "14,000 charter" which ultimately brought $5,368 in our Summer 2026 Global Showcase Auction (Lot 21190) against an estimate that was quickly proven conservative once the proverbial dust had settled. That piece though was nowhere near this example in terms of rarity and was one of nine non-institutional pieces recorded on the Stockmens National Bank in Cotulla (Charter# 14302) which was essentially nothing against this impeccable survivor from Breckenridge that fell victim to fortunate circumstances. Here in the present, it takes little to recognize that another round of fortunate circumstance awaits just around the corner for not only this note and our consignor, but also the cadre of monied collectors who specialize in Texas Nationals and could collectively shatter our estimate long before the bidding process has concluded. PMG comments "Pinholes." Noted for "Great Embossing" by PMG. Estimate: $8,000 - $12,000.

Stima:4.279,24€

Vedi tutti gli oggetti diStack's BowersoMonete & Banconote