Grafton, North Dakota - $20 1902 Plain Back Fr. 650 The Grafton NB Ch. # 3096 PMG VF 30
Grafton, North Dakota - $20 1902 Plain Back Fr. 650 The Grafton NB Ch. # 3096 PMG VF 30
Grafton, North Dakota - $20 1902 Plain Back Fr. 650 The Grafton NB Ch. # 3096 PMG VF 30
Grafton, North Dakota - $20 1902 Plain Back Fr. 650 The Grafton NB Ch. # 3096 PMG VF 30

Grafton, North Dakota – $20 1902 Plain Back Fr. 650 The Grafton NB Ch. # 3096 PMG VF 30

Call for Pricing

National Bank Notes like this example were issued by federally chartered banks but backed by U.S. government bonds, creating a hybrid system of local and national trust. Grafton’s bank operated during a formative period for North Dakota, only a few decades after statehood, when railroads and wheat farming transformed the region into an agricultural powerhouse. Large-size $20 notes saw heavy use in commercial transactions and were gradually phased out after 1929, making surviving examples from smaller towns increasingly difficult to locate.

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CVC & Collectables presents a scarce large-size National Bank Note from Grafton, North Dakota. Issued during the final era of large-format U.S. paper money, this 1902 Plain Back $20 reflects the importance of local banking institutions in financing agriculture and commerce across the Upper Midwest.

Currency Highlights:

  • Issuer: The Grafton National Bank
  • City / State: Grafton, North Dakota
  • Charter Number: 3096
  • Denomination: $20
  • Series: 1902 Plain Back
  • Friedberg Number: Fr. 650
  • Grade: PMG Very Fine 30
  • Signatures: Lyons / Roberts
  • Vignette: Hugh McCulloch at left; allegorical America seated with Capitol on reverse
  • Paper Type: Large-size National Currency
  • Circulation Status: Obsolete

Collectibility:
$20 Plain Back notes are scarcer than lower denominations, and examples from smaller charter banks such as Grafton are especially desirable. This PMG VF 30 note offers solid eye appeal, strong signatures, and clear charter details, making it an attractive representative for collectors of National Bank Notes, North Dakota currency, or large-size U.S. paper money. Find more alike here!

Year

1902
Condition

Very Fine – 30
Denominations

$20
Grade

PMG
Year 1902

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