LOT Heritage Rare Coin Galleries  /  2007 Jan (FUN) Heritage Sig. Currency #424  / 

16761

Post City, TX - $5 1902 Plain Back Fr. 600 The First NB

Currency:USD Category:Coins & Paper Money Start Price:438.00 USD Estimated At:1,750.00 - 2,250.00 USD
Post City, TX - $5 1902 Plain Back Fr. 600 The First NB
<B>Post City, TX</B></I> - $5 1902 Plain Back Fr. 600 <B>The First NB</B></I> Ch. # 9485<BR>A very scarce large note from this most interesting west Texas community, which serves as the county seat of Garza County. The town was established in 1907 as a colonizing venture under the direction of cereal manufacturer Charles W. Post, who sought to develop a vice free model community. Post created a development company, the Double U Corporation, to manage the town's construction, and this entity swiftly built homes, a hotel, a cotton gin, and a textile plant. It planted trees along every street, and instituted restrictive covenants, which, among other provisions, banned both alcohol and brothels. Post died in 1914, the year in which the town incorporated and changed its name from Post City to Post, although for some reason the bank did not follow suit until 1933. For some reason, every large listed in the census is low grade, and many are quite badly cut as well. This piece is a refreshing exception on both counts, grading a nice <B>Fine+++,</B></I> with bold signatures and full margins.<BR><BR><b>Shipping:</b> Coin/Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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