1929 $5 Type 1 The Greeley Union National Bank Greeley, CO PMG 65 EPQ Gem Unc.

$679.95

1929 $5 Type 1 The Greeley Union National Bank Greeley, CO PMG 65 EPQ Gem Unc.

Description

1929 $5 Type 1 The Greeley Union National Bank Greeley, CO PMG 65 EPQ Gem Unc.

National Bank Notes were United States currency banknotes issued by National banks chartered by the United States Government. The notes were usually backed by United States bonds the bank deposited with the United States Treasury. In addition, banks were required to maintain a redemption fund amounting to five percent of any outstanding note balance, in gold or “lawful money”.

 

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