Niles Michigan anyone?

sorry nevermind

sorry

 

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disregard

 

Welcome to CoinTalk, Brian. Do you have a photo of the obverse?

RickieB is one of our US currency experts. He can probably offer some insight.

Just so you know, you are not allowed to offer to buy or sell in this manner. Once you reach 10 posts you can make offers in the Open section of CoinTalk.

 

Thanks for the kind words HoBo but expert....nahhh just like to study those old notes. There are many here that can help you, if you follow the rules.

Regards,

RickieB

 

Dang, I didn't mean to scare him off.

 

RickieB

 

heck.. at least post the images so we might take a look

 

This is the front image -

 

i dont know much about national bank notes... but where it the charter number? The first charter period was the only one to use $1 notes right? I couldnt find any others in the 2nd charter first issue, 2nd charter second issue or the 3rd charter...

Were there 1str charter notes issued without charter number?

 

Were there 1str charter notes issued without charter number?[/quote]


Daggarjon, yes there where charter notes issued without the charter number. They are called Original Series Charter Notes. The First Charter Notes series had the Original Series (without a charter number) and the Series of 1875 (with the charter number).

Brian, welcome to Coin Talk! The info that I have in my catalog shows that there where 2 banks with the same title "The First National Bank of Niles". The first banks charter number is 1761 chartered in the year 1870 and the second has a charter number of 13753 chartered in the year 1933. The rarity scale in my book places the large known notes for the 1761 charter at R6 or very rare - 0 - 2 notes known. I'm sure some one here may have more info for you.

Lou

 

The 5th edition of the Kelly book list the FNB of Niles (charter 1761) $1 original at $3000. Very nice note!

 

Thanks LSM i figured someone who knew more about the notes then me would pop in

 

Hummmm that sure is an original $1 National.
Looks like it with the hand cut features as well which they are known to exhibit.
With SN#2 it makes it pretty attractive! I would say Fine to veryfine and indeed Kelly has the up to date listings.
Great note, send it off for grading and keep it safe!


RickieB

 

RickieB your from Massachusetts right?

I think you will like this also -

 

That is a Great note! I would send that one off for grading as well! By the look of the center fold and horizontail fold hurt the note but the SN#1 makes up for a lot of that!

No, I am not from Mass, I just live in that State now.

Brian...lets see the reverse of that Original Series National. I have one from NY in almost new 52.

RickieB

 

Sorry my friend. I do not believe in the TPG's. I believe that anyone who is going to collect and spend real money needs to know how to grade.

As for this Hyannis note it did actually circulate. This bank only issued small size bills. This bill is rare and very valuable. It grade a very sweet XF.

National banknotes are fun.

 

Sure here is a picture of my original series. This note is a true miracle of survival. The $2 from this same sheet sold in a Lyn Knight aution for the hefty sum of $36,800 in March of 2007. Trouble for me is I dont care about Michigan.

Here is the back -

 

Brian...as you seem to know grading is subjective at best! I know that note has value and I am familiar with the Hyannis issues! My suggestion for grading it is a simple one, one day when the note is no longer yours, the ones you thought enough of to pass it on to will then know a better way of handling it.
Pure symantics, thats it. For me, the high grade notes in my clollection are graded just for that reason.

Regards,

RickieB

 

I won a few graded notes. I bought them that way. I will never spend money for someone elses opinion. It does nothing for me. 20 years in this hobby and now TPG's should mean something. It doesnt work for me.

Here is one of my TPG notes. I have several others.

 

Thats the great thing about this hobby...each to his own. Hope you stick around Brian...great fourm we have here.

RickieB