Sonora, Texas. $10 1882 Value Back. Fr. 577. First NB. Charter #5466.

Sonora, Texas. $10 1882 Value Back. Fr. 577. First NB. Charter #5466. PCGS Banknote Fine 12. Situated to the west of Fredericksburg, Sonora owes its name to the Mexican state of the same name which borders modern-day Arizona and New Mexico. Settled in the late 1880s, Sonora grew fairly quickly and come 1900 the First National Bank (Charter# 5466) was organized. In the years that followed, the First National Bank issued a respectable quantity of notes responsible for a non-institutional population of 52 pieces in the National Bank Note Census. Yet that population is disproportionately represented by the Series of 1902 and Series of 1929 whereas the Series of 1882 accounts for a small minority of the listed survivors. There this exact note is one of four known survivors for the series imprint, but stands as the sole survivor for this short-lived type whose significance in numismatic terms is something not to be overlooked. Estimate: $800 - $1,200. Provenance: From the Jack Copeland Currency Collection, Part IV. Click here for certification details from PCGS Banknote.

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