1929 $5 FIRST NB SWISSVALE PA

Description

Swissvale PA National Bank Note – 1929 $5 Type 1 Overview

This Swissvale PA National Bank Note is a 1929 $5 Type 1 issue carrying serial A004647A and cataloged as FR‑1800‑1. Issued under Charter #6109, it has been third‑party graded PCGS 30 Very Fine, placing it in the mid‑circulated range with strong eye appeal. The centering is excellent and displays well inside the PCGS holder, giving the note a balanced and attractive presentation.

Surviving Population & Collector Demand

Only 27 large‑size notes and 48 small‑size notes are recorded for the First National Bank of Swissvale. This makes the Swissvale PA National Bank Note a scarce Pennsylvania issue with meaningful collector demand. Examples from this charter do not appear frequently, and mid‑grade pieces with solid centering remain desirable for regional collectors, type collectors, and Pittsburgh‑area specialists.

History of the First National Bank of Swissvale

The First National Bank of Swissvale was organized on June 6, 1901, serving the growing communities east of Pittsburgh. Over time, the bank became part of Mellon National Bank and Trust Company as institutions consolidated throughout the 20th century. This Swissvale PA National Bank Note represents a period when small borough banks played a vital role in local industry and transportation development.

Swissvale’s Industrial Background

Swissvale is located about nine miles from downtown Pittsburgh and is known for its early manufacturing heritage. One of its most notable connections is Union Switch & Signal, founded by George Westinghouse. The company contributed significantly to railroad signaling and industrial innovation, helping shape the broader economic growth of Western Pennsylvania. This industrial history adds depth and context to any Swissvale PA National Bank Note collected today.

Collector Appeal

Collectors of Pennsylvania nationals appreciate notes that tie directly into the region’s industrial and transportation heritage. This Swissvale PA National Bank Note combines scarcity, historical interest, and strong presentation. For anyone building a Western Pennsylvania set, a Pittsburgh‑area district set, or a charter‑focused collection, this note represents a meaningful and attractive addition. Its combination of mid‑grade originality, solid centering, and limited surviving population makes it a standout example.