Jeff Smith, President and CEO Treasuredstocks.com

Jeff Smith, President and CEO Treasuredstocks.com
Jeff Smith

Saturday, February 11, 2017

National Bank Notes NBN - Shosone, Idaho

Idaho National Bank Notes –Shoshone 

The state of Idaho (became a state in 1890, our nation's  43rd state) had 86 national currency issuing charters in 56 towns. There are approximately 1,120 Idaho national bank notes known, ranking it the 6th scarcest state just edging out Nevada at #7.  Six charters have bank notes that are unknown.

As President of Treasuredstocks.com, I'd like to say that one of our all-time favorite National Bank Notes is a 1902  $10 Plain Back from Lincoln County – Shoshone-- Idaho.

Such an impressive history this note has and what an amazing legacy it carries, based on a very famous  Native American name! 
 

Shoshone, Idaho is the County seat for Lincoln County which is located in the south central portion of the state (about 100 miles from Southeast Idaho's Bannock County). Importantly,  Lincoln County wasn’t established until 1895! 

Historically and Politically, the Idaho Territory was launched under President Abraham Lincoln whose name was granted to this Idaho County.

Idaho was the 43rd state to join the union and became part of the United States back on 3 July, 1890; therefore, a 1902 series National Bank Note from Lincoln County, Idaho was certainly an early recognition of this county and great state. But Lincoln County used to be far larger than it is now, having lost huge portions in 1913 and 1919 to adjacent counties. It is now 1,206 square miles with only about three people per square mile (slightly larger than Bannock County which has 1,112 square miles and about 74 people per square mile).
As the largest city in Lincoln County, Shoshone, Idaho has 1,461 residents and one square mile of land area.

So in the early 1900s, this tiny railroad town joined the nation in creating uniquely impressive currency. The bank stayed around until 1928 and issued both blue and red seal notes. 


Treasuredstocks.com lists the following Idaho-based National Bank Notes (alphabetical order):
Ashton; Blackfoot; Boise; Caldwell; Idaho Falls; Lewiston; Malad City; Nampa; Parma; Preston; Saint Anthony; Salmon; Shoshone; Twin Falls; Wallace; Weiser, and others.

Idaho based National Bank Notes are rare; Idaho based Red Seal National Bank Notes are even more scarce. Take a quick look in your wallet and you may find real Idaho gold!

If anyone out there is from or has visited Shoshone (Lincoln County), Idaho, please post a comment. 
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For a look at some rare and collectible currency, visit us at

We are official members of multiple numismatic-related organizations. Thus, Treasuredstocks.com welcomes any and all questions regarding our coin and currency postings and our passion for collecting coins and currency of all types. 

We are here to assist you! Please give us a call at 870-670-4255 or email us at jeff@treasuredstocks.com

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How to Start a Currency Collection

I want to start collecting coins and currency items; where do I start?

Collectors of coins and currency do so for many reasons. One of the most common collector is the hobiest who collects more for fun and appeal, rather than profit. Often, this attraction begins as a child who, by chance or purpose, receives an item that is both fascinating and historical.

An increasingly popular reason to pursue collecting of coins and currency is to do so as an investment Persons who use collections as a kind of investing do so with the idea that the value of the items, in singular or total, will increase over time. Supply and demand is the key concept here as well as a critical understanding that collections do not “make” money until they are sold and may even incur costs, such as the costs of safe and secure storage.

A third type of collector is the person who acquires a collection via inheritance. This person may or may not have any real interest in the items but appreciates potential value.

One great advantage we have today is the internet. For example, take a careful look around our Treasuredstocks.com web site and you will see over 4,000 items, of all categories, grades, and prices, all graded and all in full color view. And now a bit about grading. A graded item allows collectors to speak the same language when it comes to the condition of the item.

The term “Numismatics” refers to the study or collecting of coin/currency. A numismatist is someone who does this by hobby or profession. Here is a great web site to use, when learning more about such an exciting field. There’s even several links specifically designed for children.

http://www.numismatics.tv/

We are official members of multiple numismatic-related organizations. Therefore, Treasuredstocks.com welcomes any and all questions regarding our postings and our passion for collecting coins and currency of all types. We are here to assist you! Please give us a call at 870-670-4255 or email us at jeff@treasuredstocks.com