Albany, New York – $5 1902 Fr. 598 The National Commercial Bank & TC Ch. # 1301 PMG VF 30 EPQ

CVC & Collectables presents a classic $5 Series of 1902 Plain Back National Bank Note was issued by The National Commercial Bank & Trust Company of Albany, New York, Charter #1301. This large-size National Bank Note is cataloged as Friedberg #598 and has been certified PMG Very Fine 30 EPQ, with the desirable Exceptional Paper Quality designation.

Currency Highlights:

• Location: Albany, New York
• Issuing Bank: The National Commercial Bank & Trust Company
• Charter Number: 1301
• Denomination: $5
• Series: 1902
• Type: Plain Back National Bank Note
• Friedberg Number: Fr. 598
• Serial Number: B664634H
• Bank Serial Number: 40073
• Signatures: Lyons | Roberts
• Grade: PMG Very Fine 30
• Designation: EPQ – Exceptional Paper Quality
• Obverse: Features a portrait of President Benjamin Harrison at left, with the issuing bank title prominently displayed at center and blue Charter #1301 markings.
• Reverse: Features the dramatic “Landing of the Pilgrims” vignette surrounded by ornate green engraving and $5 denomination markers.
• Certification: Authenticated and graded by PMG.

Historical Significance

National Bank Notes were issued by federally chartered banks throughout the United States and are distinctive because each note identifies its issuing bank, city and charter number. This makes them particularly popular with collectors interested in local banking history.

This example was issued by The National Commercial Bank & Trust Company of Albany, Charter #1301, providing a direct connection to the banking history of New York’s state capital.

Condition

PMG has graded this note Very Fine 30 EPQ. The Exceptional Paper Quality designation is especially desirable, indicating that PMG determined the note retains original paper quality appropriate for the designation without processing or other impairments that would disqualify it from EPQ. Find more alike here!