CVC & Collectables presents this 1902 $20 First National Bank from Kenosha, Wisconsin, encapsulates a piece of local financial history within its design and denomination. Graded VF 25 by PMG (Paper Money Guaranty), this banknote offers a tangible connection to the economic landscape of Kenosha during the early 20th century.
Printed in 1902, the First National Bank of Kenosha played a crucial role in the financial affairs of the community. As a national bank, it was part of the United States’ banking system, regulated and overseen by the Office of the Comptroller of the Currency.
Kenosha, situated in southeastern Wisconsin on the shores of Lake Michigan, has a rich industrial history, particularly in manufacturing and transportation. During the early 1900s, industries such as automobile production and metalworking contributed to the city’s growth and prosperity.
The $20 denomination was significant at the time, representing a substantial sum of money. Banknotes like these circulated as a medium of exchange, facilitating transactions and commerce within the local economy.
The grading of VF 25 by PMG indicates that the note is in very fine condition, with moderate wear consistent with its age and use. Despite this wear, the note retains its historical significance and aesthetic appeal, making it a valuable collectible for numismatists and enthusiasts of local history alike.
