6591 The First National Bank of NOGALES

1904 - Jan Title change from The Sandoval National Bank of NOGALES
1945 - Absorbed by Valley National Bank of Arizona, Phoenix

While large size examples are relatively rare in both state and territorial genres, small size can be considered relatively common, albeit higher priced than Phoenix and Tucson examples. Exceptions include higher grade examples as well as Type 2's. Historically, notes from this bank have been more tightly held than other towns, but that may have changed recently as several have come up for sale or bid.




Title Change certificate 1904



1916 Postcard













1916 Passbook, balance = $3





















Advertising on worthless Chihuahan banknote

                                             Checks from 1906 & 1926

Territorial Issues
Series 1902 - Red Seal
10-10-10-20 #1 - 1525 ($76,250)

  

10's = 4575
20's = 1525
------------
Total = 6100

Series 1902 - Date Back
10-10-10-20 #1 - 2240 ($112,000)


10's = 6720
20's = 2240
------------
Total = 8960

Total Territorial Issue = 15,060 ($188,250)

Statehood Issues
Series 1902 - Date Back
10-10-10-20 #1 - 1500 ($75,000)

10's = 4500
20's = 1500
------------
Total = 6000

Series 1902 - Plain Back
10-10-10-20 #1501 - 4040 ($127,000)



10's = 7620
20's = 2540
--------------
Total = 10,160

                                                    1929 Postcard

Series 1929 - Type 1

6 x $10 #1 - 3444 = 20,664 ($206,640)
6 x $20 #1 - 884 5,304 ($106,080)

Series 1929 - Type 2

10's #1 - 3752 ($37,520)
20's #1 - 845 ($16,900)

Total Statehood Large = 16,160 ($202,000)
Total Statehood Small = 30,565 ($367,140)
-----------------------------------------
Sub Total Large = 31,320 ($390,250)
Sub Total Small = 30,565 ($367,140)
=========================================
Grand Total Issue = 61,585 ($757,390)
Total Amount Issued = $763,940*
Outstanding July 1935 = $84,900*
Outstanding Large July 1935 = $1,270*

*Total includes issue from The Sandoval National Bank