Nevada, Texas. $5 1929 Ty. 1. Fr. 1800-1. First NB. Charter #5721.

evada, Texas. $5 1929 Ty. 1. Fr. 1800-1. First NB. Charter #5721. PCGS Banknote Very Fine 20. Named after the Nevada Territory in the early 1860s by a settler who had passed through Nevada on the way to California, this particular town traces a fairly typical history by Texas standards. In the late 1880s, Nevada saw its fortunes rise accordingly with the arrival of the railroad and by the early 1900s the town saw the organization of the First National Bank (Charter# 5721) in 1901. This institution managed to bear witness to a period of economic growth, but its fortunes waned following a deadly tornado which killed 27 people in 1927 and the Great Depression which preceded a period of persistent decline that ultimately claimed the bank in 1934 and underscores why only 20 non-institutional notes are recorded here at present by the National Bank Note Census. PCGS Banknote comments "Stained." Estimate: $1,000 - $1,500. Provenance: From the Jack Copeland Currency Collection, Part IV. Click here for certification details from PCGS Banknote.

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