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Nanuet, NY - $5 1929 Ty. 1 Nanuet NB Ch. # 13314Nanuet is by far the scarcest of Rockland County's s

Currency:USD Category:Coins & Paper Money Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
Nanuet, NY - $5 1929 Ty. 1 Nanuet NB Ch. # 13314Nanuet is by far the scarcest of Rockland County's s
Nanuet, NY - $5 1929 Ty. 1 Nanuet NB Ch. # 13314Nanuet is by far the scarcest of Rockland County's six issuing towns, with the community's one bank chartered just months before the stock market crash of 1929. The bank managed to hang on and survive the Depression (and later prosper as the town became a mecca for suburban shopping centers after World War II), but issued an absolutely miniscule number of notes. For all the years we lived in neighboring Putnam and Dutchess Counties, and worked in Rockland, this bank was the holy grail of local collectors. For many years only one note was known from here, and even now the census shows only five recorded examples. Even more telling, our data shows only three public offerings of any kind from here in over sixty years, demonstrating how tightly held these notes truly are. This collection contains two of the five known notes, with this $5 example grading Fine. Any estimate here is just a guess, as this town is on so many want lists that we will likely err on the low side, but certainly this piece will see bidding reach or exceed... 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.