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1929 National Currency $5 Detroit
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<p>[QUOTE="cwtokenman, post: 2503593, member: 2100"]This bank was first organized on 4/22/14, and went into receivership on 5/12/33. First Wayne National Bank of Detroit is the third title used by this bank (starting on 12/31/31). Known populations for this title are 7 uncut (small sized) sheets and 437 individual small size notes. Denominations of $5, $10, $20, $50 and $100 were printed. The $5 notes were printed with serial numbers from 1 to 48754.</p><p><br /></p><p>My 2006 reference values this note at $60 in Fine condition. Fine is described as a note showing obvious signs of circulation. It may have numerous folds but seldom retains much of its original body. It is not damaged or doctored. In general, values of these notes change by about 25% for each full grade away from Fine. So, if you feel your note would grade VG for example, it would lose 25% of the value in Fine ($15) and thus be worth about $45.[/QUOTE]</p><p><br /></p>
[QUOTE="cwtokenman, post: 2503593, member: 2100"]This bank was first organized on 4/22/14, and went into receivership on 5/12/33. First Wayne National Bank of Detroit is the third title used by this bank (starting on 12/31/31). Known populations for this title are 7 uncut (small sized) sheets and 437 individual small size notes. Denominations of $5, $10, $20, $50 and $100 were printed. The $5 notes were printed with serial numbers from 1 to 48754. My 2006 reference values this note at $60 in Fine condition. Fine is described as a note showing obvious signs of circulation. It may have numerous folds but seldom retains much of its original body. It is not damaged or doctored. In general, values of these notes change by about 25% for each full grade away from Fine. So, if you feel your note would grade VG for example, it would lose 25% of the value in Fine ($15) and thus be worth about $45.[/QUOTE]
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