Description
A scarce 1902 $10 Plain Back from The First National Bank of Milton, Pennsylvania, operating under Charter #253 and bearing Serial 11488. Large‑size notes from Milton are genuinely tough, with only a small handful known across all grades—making this an important opportunity for collectors of Pennsylvania nationals.
Milton was a thriving industrial center at the turn of the 20th century, home to major manufacturers including Samuel J. Shimer & Sons, Milton Manufacturing Company, American Car & Foundry, F.A. Godcharles, Sydney H. Souter Silk Company, and West Branch Novelty Company. The borough later became known as the original home of Chef Boyardee, with production still continuing locally today. Notes issued during this era reflect the economic strength of a community that played a significant role in Pennsylvania’s industrial growth.
This example is certified PCGS 25 Very Fine+, showing honest circulation without the heavy wear, stains, or damage often seen on survivors of this age. The paper remains solid, the design elements are clear, and the note retains strong character for the grade.
A rare and desirable Pennsylvania national, seldom offered and highly sought after by collectors of Northumberland County, early national bank issues, and low‑population large‑size survivors.
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