Eagle Pass, Texas. $5 1929 Ty. 2. Fr. 1800-2. First NB. Charter #4490.

Eagle Pass, Texas. $5 1929 Ty. 2. Fr. 1800-2. First NB. Charter #4490. PCGS Banknote Very Fine 30. Located directly across the border from Mexico, Eagle Pass is a somewhat scarce city for National Bank Notes with 47 non-institutional notes recorded between two banks out of the three that chartered here between 1890 and 1899. The First National Bank (Charter# 4490) does record the lion's share of those notes with 42 pieces and this mid-grade T2 $5 is a particularly fine example of the notes issued by this institution before 1935. Yet what is truly remarkable about this piece is that only a smattering T2s are recorded here by the National Bank Note Census and those notes are readily outnumbered by the T1 $50s and $100s that readily command the attention of bidders when they do appear making this a real opportunity in relative terms that will likely once again demonstrate the popularity of Texas Nationals issued under the Series of 1929. Estimate: $700 - $1,000. Provenance: From the Jack Copeland Currency Collection, Part IV.

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