May, Texas. $10 1929 Ty. 1. Fr. 1801-1. First NB. Charter #8327. PCGS

May, Texas. $10 1929 Ty. 1. Fr. 1801-1. First NB. Charter #8327. PCGS Banknote Fine 12. Little more than a small unincorporated community in rural Texas. May owes its name to an early settler who came to the area in the 1870s and the town itself grew fairly quickly in the years that followed. Come 1906, May saw the formation of the First National Bank of May (Charter# 8327) which ultimately lingered into the early years of the Great Depression before the bank's assets were liquidated at the end of 1933. Today only a small handful of surviving notes are recorded on this institution with approximately 10 non-institutional pieces recorded by the National Bank Note Census including this well-circulated T1 $10 issued under the Series of 1929. Here circulation consistent with the grade is readily noticed, but to the collector looking to represent this charter in their own holdings, it takes little to reason that the grade assigned is immaterial to the opportunity at hand in relative terms. 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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