Description
1902 $5 Plain Back National Bank Note
Troy National Note from Charter #991
Offered here is a desirable 1902 $5 Plain Back National Bank Note issued by The National State Bank of Troy, New York, Charter #991. This example bears serial number 47331 and has been graded PMG 58 Choice About Uncirculated.
Premium PMG 58 Grade
This Troy National Note is housed in a comment-free PMG holder. The note displays bright white paper, strong centering, and excellent eye appeal. Collectors will appreciate the clean appearance and attractive originality.
The handwritten bank officer signatures remain bold and easy to see. These strong signatures add character and enhance the overall presentation of the note.
Scarce Troy National Note
National bank notes from Troy are popular with both New York collectors and National Bank Note specialists. Charter #991 is a desirable three-digit charter number that receives strong collector attention.
According to reported census information, only 85 large-size notes are known from this bank. No small-size notes are currently reported. The limited surviving population makes this Troy National Note a challenging issue to acquire.
Historic Troy Banking Heritage
Troy, New York, developed into one of the Northeast’s important industrial centers during the nineteenth century. Located along the Hudson River, the city benefited from transportation, manufacturing, and commerce.
Banks such as The National State Bank played an important role in supporting local businesses and economic growth. Notes like this circulated throughout the community and today serve as reminders of Troy’s rich banking history.
Excellent Collector Opportunity
This Troy National Note combines a PMG 58 grade, bright paper, strong signatures, and limited census availability. We have also seen Uncirculated examples from this bank realize over $1,000 when offered for sale.
Whether you collect New York currency, large-size nationals, or historic bank notes, this attractive example represents an outstanding addition to any collection.




