LOT Old Heritage Auctions  /  2007 Sept Long Beach, CA Sig Currency #448  / 

14518

Spokane, WA - $5 1902 Plain Back Fr. 609 The

Currency:USD Category:Coins & Paper Money Start Price:900.00 USD Estimated At:1,000.00 - 1,500.00 USD
Spokane, WA - $5 1902 Plain Back Fr. 609 The
<B>Spokane, WA</B></I> - $5 1902 Plain Back Fr. 609 <B>The Brotherhoods Co-Operative NB</B></I> Ch. # 12418<BR> This institution was one of a number of National Banks organized under the aegis of various labor unions during the 1920's, most, although not all, sponsored by railway labor groups. The large majority of these banks were successful in their early years, but fell victim to the Depression early on, as the number of bad loans skyrocketed amidst mounting unemployment amongst the rail workers. This institution failed to even make it to the Crash of 1929, having closed its doors earlier that year. Notes from here, while not rare, are predominantly low grade. This piece, however, is a happy exception, grading a pretty <B>Fine-Very Fine,</B></I> with strong signatures and bright inks. It's easily the nicest example from here seen at auction for at least the past decade, and one which is likely to realize... <BR><I>From The Walla Walla Collection</B></I><BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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