CVC & Collectables presents an original 1902 Plain Back $10 National Bank Note issued by The New First National Bank of Oakland, California, a classic large-size note from the height of America’s National Banking Era.
National Bank Note Highlights:
- Issuer: The New First National Bank
- City / State: Oakland, California
- Charter Number: 12665
- Denomination: $10
- Series: 1902 Plain Back
- Friedberg Number: Fr. 635
- Grade: PMG Very Fine 30 EPQ
- Signatures: Speelman / White
- Serial Number: 2707
- Vignette: William McKinley at left; allegorical America standing between ships and agriculture on reverse
- Paper Type: Large-size National Currency
- Circulation Status: Obsolete
Time Period Fact:
The 1902 Plain Back series circulated during a pivotal era in American finance, just years before the Panic of 1907 exposed weaknesses in the banking system and ultimately led to the creation of the Federal Reserve in 1913. Oakland banks issued these notes during a period of rapid West Coast growth driven by railroads, shipping, and post-Gold Rush commerce.
Collectibility:
California National Bank Notes are consistently popular, and Oakland charters are especially desirable due to the city’s early economic importance. The EPQ designation confirms original paper quality, enhancing both collector appeal and long-term desirability. Find more alike here!
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