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Description
Double Serial Number 1 – Teague, Texas $5 1902 Plain Back
The Only Large Size Serial Number 1 Example Reported
Serial Number 1 • Fr. 609 • Teague National Bank Ch. #13067 • PMG UNC 62
| Town & State: Teague, Texas | County: Freestone County |
| Denomination & Type: $5 1902 Plain Back | Friedberg #: Fr. 609 |
| Bank: The Teague National Bank | Charter #: 13067 |
| Serial Number: Double Serial Number 1 | Grade: PMG Uncirculated 62 |
Description
Offered here is a highly coveted Double Serial Number 1 note from Teague, Texas – a $5 1902 Plain Back, cataloged as Fr. 609 on the Teague National Bank, Charter #13067. Certified by PMG as Uncirculated 62, this large-size National is an attractive, original example from a late-chartering Freestone County bank. This double Serial Number 1 note is the sole large size Serial Number 1 example reported from this late-chartering Freestone County bank. Finest Known. A Serial Number 1 from this specific bank would be considered a premier "Texas Trophy" note.
Serial #1 Sales Record
$83,375 – Yuma, AZ: A $5 Plain Back from The Yuma National Bank (Charter #9403). This note set a massive benchmark for Arizona Serial #1 notes when it sold at Auction in 2007.
This Serial Number 1 Teague, TX - $5 1902 Plain Back Fr. 609 The Teague National Bank Ch. # 13067 PMG Uncirculated 62 is considerably more rare with Only 1 Example on record for this bank in Texas.
The printing is bright and sharply detailed, with bold inks and strong signatures that showcase the classic 1902 Plain Back design. The note displays excellent eye appeal.
Rarity & Significance
- The Only large-size Serial Number 1 example reported from The Teague National Bank, Teague Texas.
- The only large-size note from this charter graded higher than Very Fine, making it the standout quality piece for the town.
- Desirable late-chartering Freestone County Texas bank – a popular collecting area for Texas National specialists.
- Extremely Scarce opportunity to obtain a Double Serial Number 1 National from any small Texas community.
Collector Appeal
Double Serial Number 1 Nationals from Texas are intensely sought after, and this Teague $5 stands out as the Only and finest known Serial Number 1 large-size note from the bank. Its combination of rarity, strong grade, and the prestige of a Serial Number 1 makes it ideal for advanced National Bank Note, Texas, or low-serial-number collections. An impressive trophy piece that will anchor any specialized cabinet focusing on Lone Star State Nationals or important town-type notes.