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National Bank Notes > Michigan

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Ontonagon, First NB, 6820
Fr. 1802-1 $20 1929T1
Grade: PCGS VF 30    

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Type One only for this scarce and highly desirable Upper Peninsula bank whose census count stands in the low teens. The only recent comp we have sold is a $5 note, graded PMG Fine 15, which realized $575 last year. We have sold a couple other twenties in far lesser grade in the past decade that easily reached the thousand dollar barrier. This note is easily the nicest example listed in the census.

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