West, Texas. $20 1902 Plain Back. Fr. 651. NB. Charter #8239. PCGS

West, Texas. $20 1902 Plain Back. Fr. 651. NB. Charter #8239. PCGS Banknote Very Fine 20. Situated in McLennan County and named for the likes of Thomas West who had owned the land that later became the townsite in 1880s when the Missouri-Kansas-Texas Railroad passed through the area. In the years and decades that followed, West grew accordingly like many of its contemporaries that sprang up along the railroad with new banks and general stores proliferating as the years and decades advanced. In 1906, the National Bank (Charter# 8239) was organized with a minimal circulation of $6,250, but that figure rapidly grew to $50,000 by 1913 and remained consistent even until the bank was liquidated by the non-issuing State National Bank of West (Charter# 13022) in 1934. Yet even though one may expect a decent population of surviving notes, the National Bank Note Census records only 16 non-institutional notes overall while this evenly circulated example which features the penned signature of Cashier W.P. Cook at left stands unique for both the type and denomination. PCGS Banknote comments "Paper Toned." Estimate: $1,000 - $1,500. Provenance: From the Jack Copeland Currency Collection, Part IV. Click here for certification details from PCGS Banknote.

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