3122 The First National Bank of PRESCOTT

The quest for a banknote from Prescott's first national bank is now the "Holy Grail" for Arizona collectors, as it is the only charter (state or territory) that remains undiscovered. If a 1910 report is correct, only between 5 and 9 notes were outstanding as of that date. While hope may spring eternal, the odds of a discovery note are remote at best. Information on this bank is almost non-existent. Predecessor Blake & Company, is pictured, along with proofs from the Smithsonian.

1884
Chartered with $50,000 capital, succeeding Blake & Co.
1885
Voluntarily liquidated, $50,000 capital. Succeeded by The Bank of Prescott

Scarce check originally printed for The First National Bank of Prescott

Territorial Issues
Series 1882 - Brown Back
10-10-10-20 #1 - 225 = 900

Total Circulation  $11,250

Outstanding at close  $11,250

Outstanding in 1910  $90

Unknown as of 2018