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$5 National Bank of Grand Rapids Tpye 2 Note

$5 National Bank of Grand Rapids Tpye 2 Note
$5 National Bank of Grand Rapids Tpye 2 Note$5 National Bank of Grand Rapids Tpye 2 Note
$550.00

1 item in stock
in stock

Specifications

Fr. 1800-2
GEM NEW 65
1929
Type 2
$5
13758
A034005

$5 National Bank of Grand Rapids Note - Type 2 - grade GEM NEW 65 by PCGS.   Very tough to find $5 notes in this condition.   Wonderful eye appeal and completely original. 

Like coin grading, currency is valued by its date and mintage, rarity, and condition. The currency grading system assigns grades (Poor 1- Perfect New 70), based on the note’s condition. Some factors are easily determined (e.g. number of folds, centering of the images and broadness of margins). Others require years of experience in assignment of the grade: corner bends, pinholes, handling marks, smudges, ink marks, stains, tears and splits. Is the banknote truly in its original condition? If so, paper waves and a slight raise in the ink due to embossing should be evident.

To get a grip on the history of US currency, check out these two sites: https://uscurrency.gov (US Currency Education Program) and http://www.moneyfactory.gov/uscurrency/history.html.

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