Collection PL

United States 1929 Type 1 - 10 Dollars National Bank Note - The First National Bank of Philadelphia, Pennsylvania (Fr. 1801-1, Charter 1, PMG 25 Very Fine)

The First National Bank of Philadelphia holds Charter 1, the very first federal national bank charter issued under the National Banking Act of 1863. Granted on June 20, 1863, it became the prototype for a new system that tied local banknotes to United States bonds and standardized design, redemption, and supervision across the country. Charter 1 anchored Philadelphia finance from the Civil War through the Great Depression. ... Read more →

United States 1830s — Pennsylvania, Philadelphia — Penn Township Savings Institution 10 Cents Proof (Unlisted)

This engraved proof note was prepared for the Penn Township Savings Institution of Philadelphia, Pennsylvania, during the early 1830s. Rather than serving as circulating currency, the document represents a fractional savings deposit certificate issued by one of the many mutual savings institutions that emerged in American cities during the early nineteenth century. The text of the instrument reveals its purpose: a depositor places ten cents with the institution, which promises repayment with interest at two percent per annum, or redemption on demand once the accumulated balance reaches five dollars in current bank notes. ... Read more →

United States 1929 Type 2 — 5 Dollars National Bank Note — The First National Bank of Philadelphia, Pennsylvania (Fr. 1800-2, Charter 1, PMG 20 Very Fine)

Issued by The First National Bank of Philadelphia under Charter 1 — the very first federal national bank charter granted following the National Banking Act of 1863 — this five-dollar note represents the closing generation of National Currency printed before the system ended in the 1930s. Charter 1 defined the origin of federally chartered banking in the United States, anchoring Philadelphia’s financial network through multiple eras: Civil War greenbacks, Gilded Age expansion, and the economic transitions of the early twentieth century. Its officers, including C. ... Read more →