Idaho National Bank Notes: Preston, Idaho

Rare, Interesting, Historical 

Idaho National Bank Notes from Preston, Idaho

Located in Southeast Idaho's Franklin County

Preston is a city in Franklin County, Idaho and is the county seat for that county. It is 4,715 feet above sea level. Preston’s current population is 5,145 persons which represents a 9% increase in just ten years. This famous Idaho town was officially established in 1900.

In 1866, Church of Jesus Christ of Latter-day Saints (LDS) pioneers and settlers came to the Cache Valley and founded Preston, Idaho (originally called Worm Creek). Preston was named after the European United Kingdom town of Preston, England (a major LDS center in the UK). In the 1880s, a regular Preston town site was established.

1902 $10 Plain Back The First National Bank of Preston, ID PCGS 15 Fine

Historically, the Idaho Territory was launched under President Abraham Lincoln. Idaho was the 43^rd state to join the union and became part of the United States back on 3 July, 1890. 

Though Preston was officially established in 1900 (just one decade after Idaho became a state), it wasn’t until 1913 that Franklin County, Idaho was established. Of great historical importance to all coin and currency collectors, is that Franklin County, Idaho is the ONLY Franklin County in the United States NOT to be named after Benjamin Franklin. 

Franklin County Idaho was, instead, named after Franklin D. Richards, an Apostle of the Church of  Jesus Christ of Latter-day Saints (LDS). With 668 square miles, Franklin County includes portions of the incredible Cache National Forest and Caribou National Forest. To the north of Franklin County, Idaho is Bannock County.

On January 29, 1863, the Bear River Massacre occurred in what is now Franklin County, Idaho, just a few miles northwest of the Preston town site.

Three WWII recipients of the Congressional Medal of Honor were from Preston Idaho –M.S. Bennion, L.C. Brostrom, and N.K. Van Noy.

More currently, other famous Preston, Idaho residents are the two creators of the enormously popular 2004 movie film Napoleon Dynamite (Jared and Jerusha Hess). It is often said that this film, which was largely filmed on location in Preston, including Preston High School, has put Preston, Idaho on the map. For several years and in honor of the film, the city of Preston has held a Napoleon Dynamite Festival.

This National Bank Note Series 1902 was likely printed in 1904 and related to Charter 7526 – First National Bank of Preston, Idaho (Printed just over a decade after Idaho became a US state). Therefore, this note originated a very short time after the official formation of Preston, Idaho and well before the 1913 establishment of Franklin County, Idaho.

The fascinating Preston, Idaho history is directly linked with and connected to this stunning National Bank Note. 

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.

Idaho based National Bank Notes are rare. Take a quick look in your wallet and you may find real Idaho gold!

On the Treasuredstocks.com web site, I have 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; and Weiser

Idaho based National Bank Notes are rare. Take a quick look in your wallet and you may find real Idaho gold!

If anyone out there is from or has visited Preston, Idaho, please post a comment.

 - - - - - - - - - - - -- - - - - - - - - - - - - - - - - - - - -- - - -

 From 1863 to 1935, National Bank Notes (NBN) currency were issued by banks throughout the US and its territories. After US banks with a federal charter deposited bonds in the U.S. Treasury, they would be able to issue National Bank Notes. Importantly, the US Federal government would back the value of these bank-issued National Bank Notes.

National Bank Notes were retired as a currency in the 1930s during the Great Depression. They were subsequently merged into Silver Certificates, Federal Reserve Notes, and United States Notes.

National Bank Notes of Idaho - Malad City

Rare, Interesting, Historical 

Idaho National Bank Notes – Malad City

Located in Southeast Idaho,  Malad City, Idaho - also called Malad - is the only city in Oneida County, Idaho and one of the oldest cities in the entire state of Idaho. It is the Oneida County Seat and is located just 13 miles north of the Southeast Idaho/Utah Border, right along Interstate 15. Oneida County borders Bannock County in Idaho’s Southeastern region. In 1902, the year this National Bank Note was issued (see photo), the population of this rural Idaho town of Malad City was about 1,050. Today, the Malad City population has doubled.

Malad City is named after the Malad River which was given its name by a Scottish-Canadian trapper named Donald Mackenzie when his trapping party became sick from eating tainted beaver. Malade means sick or bad in French; the trappers mistakenly attributed their sickness to the river’s water. 

The town was established in 1864, immediately following Idaho’s official recognition (March 4, 1863) as a US territory. Historically, the Idaho Territory was launched under President Abraham Lincoln. Idaho was the 43^rd state to join the union and became part of the United States back on 3 July, 1890. 

A city post office was established in 1865. The old post office was located just East of the First National Bank (the issuer of this note) and the Idaho Enterprise which is Idaho’s longest running weekly newspaper and is still going today. Newspaper offices were located in the post office basement. 

1902 $10 Plain Back, The First National Bank of Malad City, ID PCGS 20 Very Fine

The First National Bank of Malad City building, now dismantled, was an amazing example of early 20^th century architecture. Importantly, the largely Welsh and Mormon Malad City settlers brought their traditions with them. In fact, Malad City officials claim to have more persons of Welsh decent per capita than anywhere outside of Wales!

These strong traditions, coupled with incredible work ethic, remain today. Because of Malad City’s location as a commercial center between Utah (e.g. Salt Lake City) and Montana (e.g. Butte), by 1886 it became the fastest growing center in eastern Idaho! Furthermore, just four years after this National Bank Note was issued, the railroad reached Malad City. This historic as well as financial event allowed travel between SLC and Malad to shrink to just four hours.

The fascinating Malad City history is directly linked with and connected to this stunning National Bank Note.

On the Treasuredstocks.com web site, I have 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; and Weiser

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.

Idaho based National Bank Notes are rare. Take a quick look in your wallet and you may find real Idaho gold!

If anyone out there is from or has visited Malad City, Idaho, please post a comment. 

- - - - - - - - - - - - - - - - - - - - - - -  - - - - - -

For a look at some rare and collectible currency, visit us at

http://www.treasuredstocks.com/currency/

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

From 1863 to 1935, National Bank Notes (NBN) currency were issued by banks throughout the US and its territories. After US banks with a federal charter deposited bonds in the U.S. Treasury, they would be able to issue National Bank Notes. Importantly, the US Federal government would back the value of these bank-issued National Bank Notes.

National Bank Notes were retired as a currency in the 1930s during the Great Depression. They were subsequently merged into Silver Certificates, Federal Reserve Notes, and United States Notes.

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 43^rd 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. 

-- - - - - - - - - - - - - - - - - - - - -

For a look at some rare and collectible currency, visit us at

http://www.treasuredstocks.com/currency/

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

National Bank Notes - Idaho

National Bank Notes from the 43rd State

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.

Treasuredstocks.com has 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.

Salmon, Idaho is one Idaho City that stands out as significant and historical.

Between 1863 and 1929 (the National Banking Period) Idaho had 86 National Banks that issued currency. The Citizens National Bank of Salmon, Idaho (chartered in 1909) and the First National Bank of Salmon Idaho (chartered in 1906) were two of these historic banking institutions.

Salmon is the county seat for Lemhi County, Idaho. About 30 miles southwest of Salmon lies Lemhi Pass, the area through which the Lewis and Clark Expedition (1804-1806) traveled while crossing the continental divide. Their interpreter and guide from North Dakota to the Pacific Ocean (and very importantly the only woman) was the famous Sacajawea – a member of the Lemhi Shoshone Nation. 

Sacajawea was born near Salmon. To my knowledge, there are no US currency items with a Sacajawea picture. However, in the year 2000, our US Mint issued the famous Sacajawea Coin – one dollar – to honor her. 

The image on the coin is not the real image of Sacajawea. It is, actually, based on another Shoshone woman who posed for the artist. Unfortunately, we really do not have a true likeness of this amazing woman. In addition to the one dollar coin, the USS Sacajawea was named after her. 

Lemhi County has almost 8,000 residents with 4564 square miles of land; 3,112 of these persons live in Salmon. Salmon, a small rural community, is nestled in the mountains of central Idaho, along the Salmon River, its namesake. Mining, ranching, and lumbering are three main industries here. In addition to technical innovations and light manufacturing, Salmon boasts some of the world’s best whitewater rafting and outfitting. It is, in fact, the whitewater capitol of the world and serves as a passageway, just as it did for Lewis and Clark in 1805, to mountain streams, lakes, rivers, and forests.

In the early 1900s when mining and railroading were peaking in Lemhi County, these notes were produced as a quick and easy way to “barter” goods and services.

Come take a look at our Treasuredstocks.com 

Salmon, Idaho currency.

- - - - - - - - - - - - - - - - - - - - - - - - - 

For a look at some rare and collectible currency, visit us at
http://www.treasuredstocks.com/currency/

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

Rare National Bank Notes from Blackfoot, Idaho

Idaho National Bank Notes – Blackfoot Idaho

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.

On the Treasuredstocks.com web site, a number of Idaho-based National Bank Notes are available. We are proud to post notes from (in alphabetical order) Ashton; Blackfoot; Boise; Caldwell; Idaho Falls; Lewiston; Malad City; Nampa; Parma; Preston; Saint Anthony; Salmon; Shoshone; Twin Falls; Wallace; Weiser, and others.

 One of those "treasured" Idaho-related National Bank Notes is from  the rural community of Blackfoot, Idaho. Located in Southeast Idaho, Blackfoot is the county seat for Bingham County, Idaho, the County adjacent and directly north of Bannock County.

Blackfoot is where all Southeast Idaho folks go to attend the Eastern Idaho State Fair. 

On 13 January 1885 Bingham County, with Blackfoot as its seat, was established; Blackfoot became incorporated in 1907.

Treasuredstocks.com has a 1929 ten dollar note from the First National Bank of Blackfoot, Idaho.
Open for just three decades starting in 1904, this is not only the first, but the only national bank located in this Southeastern Idaho town. From 1904 through the beginning of 1934, this bank printed red seals, blue seals, and small sized brown seals. 

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 Blackfoot (Bingham County), Idaho, please post a comment. 

-      - - - - - - -- - - - -

For a look at some rare and collectible currency, visit us at

http://www.treasuredstocks.com/currency/

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

BEP Souvenir Reprint notes

PMG Grading Authenticates the "BEP Souvenir Reprint" Notes

This “BEP Souvenir Reprint” note has been professionally engraved and printed by the United States Bureau of Engraving and Printing (USBEP) using the original die of this famous banknote as well as the same inks and intaglio process used to print the original note.  This BEP Souvenir Reprint note was offered for sale for a limited time, in conjunction with a major U. S. numismatic show, and many have become sought-after collectibles in their own right.

BEP Souvenir Reprint Notes feature reprints of exquisite, collectible, historic and antique engravings. Though not legal tender, this beautiful intaglio impression provides numismatists young and old, a GREAT way to acquire and enjoy banknote artwork prints otherwise beyond the average collector’s ability to own.

We at Treasuredstocks.com believe this note to be both beautiful and historic. Please consider that a framed set of your favorites would be stunning!

Best of all, it is authenticated, sealed, and preserved by PMG grading.

To see all graded notes  on our site, click this link:

http://www.treasuredstocks.com

Yours for a Safe and Happy Sunday,  

Jeff Smith, President

Email us at jeff@treasuredstocks.com

A Bohemian treasure!!

What is the link between a 1700 painted selfie and the Nazi occupation of Eastern Europe? Read on ...

Petr Jan Brandl was born October 24, 1668 in Prague, Kingdom of Bohemia. He died September 24, 1735 (at the age of 66). His nationality was Czech. 

Petr Jan Brandl was a noted painter and artist of incredible talent and style. He was part of the Baroque movement. His father was a goldsmith. 

In tribute, an entire hall at the National Gallery in Prague (what is now Czechoslovakia) is devoted to his works. Brandl is known for his 1725 painting titled “Bust of an Apostle.” 

This self-portrait was painted in 1700. This selfie Painting was engraved into the Bohemia and Moravia 500 Korun banknote (1942) during Nazi occupation. 

Here is a copy of this amazing SPECIMEN note.

Proudly, Treasuredstocks.com has excellent examples of WORLD Currency notes from past and current nations. Call us at 870-670-4255 or email jeff@treasuredstocks.com  for help and support, as you venture into World Paper Currency  set collection. 

For more information about this and other collect able coins and currency, please visit our web site at http://www.treasuredstocks.com/or email  jeff@treasuredstocks.com