Mexia, Texas. $20 1929 Ty. 1. Fr. 1802-1. Prendergast-Smith NB. Charter

Mexia, Texas. $20 1929 Ty. 1. Fr. 1802-1. Prendergast-Smith NB. Charter #12190. PCGS Banknote Very Fine 25. Pronounced "Ma-Hay-uh" despite initial appearances, Mexia was surprisingly home to four different National Banks including the Prendergast-Smith National Bank (Charter# 12190) which organized in 1922 as a conversion of a state-chartered bank. Now this particular institution can be considered scarce per the National Bank Note Census. Here a total of only 15 non-institutional notes are recorded including this evenly circulated T1 $20 which offers much for the grade assigned despite a pair of unnoted pinholes seen to the left of Jackson's portrait. Even more notable is that this is only the second example of this exact type and denomination to be offered at auction since 2005 making this a real opportunity for the collector looking to represent this oft-mispronounced locale in their personal holdings. Estimate: $800 - $1,200. Provenance: From the Jack Copeland Currency Collection, Part IV. Click here for certification details from PCGS Banknote.

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