20654

Central Park, NY $10 1929 Ty. 1 The Central Park NB

Currency:USD Category:Coins & Paper Money Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
Central Park, NY $10 1929 Ty. 1 The Central Park NB
<TABLE cellSpacing=0 cellPadding=0 width="100%" bgColor=#000000 border=0><TBODY> <TR><TD width="100%"><TABLE cellSpacing=1 cellPadding=3 width="100%" border=0><TBODY><TR><TD width="100%" bgColor=#79735c><FONT face=arial color=#ffffff size=3><B>Description</B> </FONT></TD></TR><TR><TD width="100%" bgColor=#ffffff><FONT face=arial size=2><B>Central Park, NY</B></I> - $10 1929 Ty. 1 <B>The Central Park NB</B></I> Ch. # 12951<BR>Despite being listed elsewhere as an upstate bank, this institution was located in and issued from Long Island's Nassau County, from a community settled in 1721 under the name Bethpage. About the time of the Civil War locals adopted the name Central Park, but by the 1930's residents had grown tired of having their town confused with the park in Manhattan. After the establishment of a nearby state park in 1931 called Bethpage, residents successfully petitioned the postal service to change the name of the entire community from Central Park to Bethpage, which it did in 1936. The bank, which issued small notes only, is excessively rare, with just two notes known, one of which was in our "Collection of a Gentleman" sale in 1998. This is the second specimen. With the exception of that one offering no note has been available from here since a 1974 fixed price appearance, and, after this piece is sold, it may be that long again before another opportunity to obtain any note from here affords itself to the many New York and Long Island collectors. <B>Very Good+,</B></I> with a penciled number on the front that affects little. (3,000-5,000 ) </FONT></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE><BR><TABLE cellSpacing=0 cellPadding=0 width="100%" bgColor=#000000 border=0><TBODY><TR> Important notice: Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid.</TR></TBODY></TABLE>