Description
FR‑1801‑1 1929 $10 Bay State National Bank of Lawrence, MA – PMG 55EPQ
This 1929 Series $10 National Bank Note from The Bay State National Bank of Lawrence, Massachusetts is a sharp Type 1 example with strong originality. It carries serial B010872A and the historic Charter #1014. Certified PMG 55EPQ Choice About Uncirculated, it shows exceptional paper quality, great centering, and clear embossing. With 125 small‑size notes known and 78 large‑size, this bank remains a desirable issuer for Massachusetts collectors.
Historic Depression‑Era National Bank Issue
The 1929 Series represents the final chapter of National Bank Note production. These notes were issued during the Great Depression, when banks faced intense financial pressure. Type 1 notes carry the familiar brown Treasury seal and the bank’s printed title. This example reflects the era’s economic uncertainty and the transition away from National Bank currency. Collectors value these notes for their history, scarcity, and connection to local banking institutions.
Premium PMG 55EPQ Quality
This note shows bright paper, crisp detail, and strong originality. The 55EPQ grade confirms exceptional paper quality and clean surfaces. The centering is excellent for the type, and the embossing remains visible. The design elements are sharp, and the margins are balanced. The note presents with high‑end About Uncirculated eye appeal, making it a standout example for its grade.
A Scarce Lawrence, Massachusetts National
Lawrence sits along the Merrimack River and has deep industrial roots. The city grew through textile production, manufacturing, and mill development. It was home to major labor movements, including the famous Bread and Roses Strike of 1912. Notes from Lawrence connect directly to this industrial heritage. With limited surviving populations, Bay State National Bank notes remain sought after by collectors of Massachusetts nationals and Merrimack Valley history.
A Strong Addition to Any National Bank Collection
This FR‑1801‑1 1929 $10 Bay State NB Lawrence offers scarcity, grade, and historical significance. Its PMG 55EPQ certification and exceptional paper quality make it an excellent choice for collectors building a Massachusetts set or upgrading a Type 1 $10. A premium Depression‑era national with strong visual appeal and desirable originality.




