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National Bank Notes > Virginia

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Lynchburg, American NB, S7308
Fr. 616 $10 1902DB
Grade: PCGS VF 20 PPQ    

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This prohibitively rare bank was chartered in 1904 and liquidated in 1913. In that time, almost 35,000 sheets of Red Seals and Datebacks were issued. However, when the bank closed, barely 10% of the total issue remained outstanding. Whatever was the cause of such a speedy redemption must have continued, since we are left with only this note to mark the bank's existence. Luckily, it is in above average grade and exhibits nice stamped signatures.

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