Description
Rare 1929 $100 National Bank Note – Coatesville, PA (Charter #3990)
You can now add a crown jewel to your currency collection. This highly collectible 1929 $100 National Bank Note was issued by The National Bank of Coatesville, Pennsylvania. This exceptional Friedberg FR-1804-1 Type 1 National Currency note represents a fascinating chapter in American financial history. The bank struck this bill under the historic Charter #3990. Furthermore, it features a coveted low serial number (E000047A). This piece is truly a rare prize for serious numismatists.
Certified PMG 25 Very Fine Condition
Paper Money Guaranty (PMG) professionally authenticated and graded this specific 1929 $100 National Bank Note as 25 Very Fine. Consequently, the note boasts strong paper crispness. It also retains the bright, clear design details typical of a well-preserved mid-grade bill. Collectors should note that you can see a light touch of vintage pen ink on the front face. Although PMG did not formally write this minor characteristic on the holder, the ink adds an authentic touch of historical character.
Exceptionally Scarce Chester County Paper Money
Series 1929 high-denomination notes from this Chester County institution are incredibly difficult to find today. In fact, the Track & Price census documents only five surviving Series 1929 $100 notes from The National Bank of Coatesville. This charter only has a total #14 small-size notes. This specific bank focused almost exclusively on issuing high-denomination, small-size currency. Therefore, surviving $100 bills are genuine rarities that seldom appear on the open market.
A Piece of Pennsylvania Industrial History
Owning this 1929 $100 National Bank Note connects you directly to the historic economic boom of Coatesville, Pennsylvania. Coatesville sits just 39 miles west of Philadelphia. The city quickly grew into an industrial powerhouse driven by the iconic Lukens Steel Company. Ultimately, this note served as the literal lifeblood of a thriving Chester County banking community. Buy it today to secure this rare piece of Pennsylvania history for your portfolio.