The only known serial number 1 Series 1929 $10 note for the First
National Bank of Tonopah (Nevada) sold for $38,187.50 during the
Heritage Auctions Long Beach Expo Currency Signature Auction Sept. 4.
The price includes the buyer’s fee.
The auction realized a total of $4,069,434.
The Nevada national bank note was graded Extremely Fine 40 Premium
Paper Quality by PCGS Currency.
This was the first time the note was offered for sale in more than
Also realizing the same price was a Series 1914 $10 Federal Reserve
note, Friedberg 893b (Paper Money of the United States by
Arthur L. and Ira S. Friedberg). The note was graded by PCGS Currency
as Superb Gem New 67 Premium Paper Quality. The note had been off the
market since the consignor bought the note in 1999, according to the catalog.
Another highlight was the sale of a Series 1902, Plain Back $5 note
for the First National Bank of Sierra Madre (California) for $35,250.
The note was graded Very Fine 25 by PCGS Currency.
The note is considered only the second note recorded from this bank
and the finer of the two.
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