Thursday, January 21, 2010

4851 The PRESCOTT National Bank

1892 - Chartered
1916 - Placed in voluntarily liquidation, capital of $100,000
1916 - Succeeded by The Prescott State Bank (Oct 26th)

Post
1925 - The Prescott State Bank failed (11/25)

From the heyday of Prescott, this bank is the most "common" among territorials with eight known. Three of these however, are highly sought after $5 brown backs with most of the other outstanding examples being high grade. The only state issued survivor is of lower grade.

Territorial Issues
Series 1882, Brown Back = 56,820
$5-$5-$5-$5 #1 - 8775
10-10-10-20 #1 - 5430

$5's = 35,100
10's = 16,290
20's = 5,430






Series 1882, Dated Back = 30,800
$5-$5-$5-$5 #1 - 4500
10-10-10-20 #1 - 3200

$5's = 18,000
10's = 9,600
20's = 3,200





Large Issue = 87,620
Small = 0
Territorial Circulation = $ 697,000

Statehood Issues
Series 1882, Date Back = 1,080
$5-$5-$5-$5 #1 - 150
10-10-10-20 #1 - 120

$5's = 600
10's = 360
20's = 120

Series 1902, Date Back = 21,600
$5-$5-$5-$5 #1 - 3000
10-10-10-20 #1 - 2400

$5's = 12,000
10's = 7,200
20's = 2,400



Series 1902, Plain Back = 5,096
$5-$5-$5-$5 #3000 - 3996
10-10-10-20 #2401 - 2678

$5's = 3984
10's = 834
20's = 278

Scene from postcard mailed in 1908












Gurley & Cortez
Prescott, AZ
2003


Amt outstanding at close = $97,997 (Territorial & State)
Large Issued (State) = 26,696
State Circulation = $213,820

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