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Encased 1910 Cent Advertising The 1-St Natl Bank Of Mckinney Texas

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 Posted 02/15/2018  4:06 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list
I was beginning to do a write up on the bank when I did a search and found that someone has already done one in The Ragpicker which is published by the Paper Money Collectors of Michian (PMCM)

https://archive.org/details/ragpicker25n2pape

I did find this page with an image of the First National Bank and a short description that I think enhances the other author's work https://www.mckinneytexas.org/1036/...ational-Bank

-MV
Edited by MeadowviewCollector
02/15/2018 4:07 pm
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 Posted 02/15/2018  4:11 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Great find!
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 Posted 02/15/2018  5:32 pm  Show Profile   Bookmark this reply Add Kefiroth to your friends list
I actually happened to be passing through McKinney today, so I decided to stop in downtown to get a picture of the First National Bank building. It is no longer a bank, but the original edifice has been preserved and is quite the stately structure.

Encased-1910-Cent-Advertising-The-1-St-Natl-Bank-Of-Mckinney-Texas

This building shown here is circa 1912, so they would have moved there just slightly later than the lucky penny in the OP was given out. The city was home to about 5,000 people at this time.

I believe the picture in the link that MC posted is of the original 1869 building (which today is occupied by a bakery/gift shop), located on the opposite side of the old courthouse square.
Edited by Kefiroth
02/15/2018 5:36 pm
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 Posted 02/15/2018  5:43 pm  Show Profile   Bookmark this reply Add westernsky to your friends list
When I was a little boy (about 5 or 6 years old in the 1950's) I remember walking by the old bank building on north Kentucky street in McKinney with my Mom. Imbedded in the concrete walkway in front of the old bank building were the letters B A N K in white tile lettering. That always stuck in my mind. That white lettering was still there up and until the early 1980's when some remodeling in downtown McKinney took place.

The FNB of McKinney failed sometime in the early 1930's and it's assets and liabilities (along with the "new" bank building on the east side of the square) were merged into the much stronger Collin County National Bank. Over the years the old bank building was a dress shop, book store and an antique shop.

The bank failure in the 30's occurred about the same time as one of the bank officers died. The official cause of his death was a heart attack but the rumor around town was he had hung himself because the bank was failing. I remember going by his house and my Mom and Dad would say they would never own that house "because that's where that banker killed himself". What the actual truth was I do not know.

I have owned two Nationals from the FNB over the years along with this pictured advertising token. Large notes are more "common" from this bank than small. As far as I know only one small note is known. (I have never seen it nor do I know who owns it.)

This bank has fascinated me for over 50 years.

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 Posted 02/15/2018  5:59 pm  Show Profile   Bookmark this reply Add westernsky to your friends list
Kelfiroth...

Thanks for posting that pic. That golden eagle on top of the building has been there since that building was built. When we were little kids our parents would tell us that the eagle was real gold and that they have a guard on top of the building to keep people from stealing it (this was in the 1950's).

When the Collin County Bank took over in the 1930's they moved from their location on the south side of the square into the pictured building. They placed a dark colored with white lettering temporary sign over the "First National Bank" sign above the entry. If I recall correctly, there is marble tile that spells out "First National Bank" in the entry way. When the Collin County Bank moved a couple of blocks north in the late 50's the building became home of the First Savings and Loan Association.

The last time I was inside the building it still had the vault in it. It is a beautiful building.
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 Posted 02/16/2018  5:27 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list
Kefiroth and westernsky


That small size FNB national must be tightly held and closely guarded as the Kelly census CD doesn't even list any small size.

Of the 10 large size listed in the same census above, 3 are part of the Philpott/Moody Collection.

-MV
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 Posted 02/16/2018  5:47 pm  Show Profile   Bookmark this reply Add Dorado to your friends list
Nice find
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 Posted 02/16/2018  8:27 pm  Show Profile   Bookmark this reply Add westernsky to your friends list
Meadowview.....

Nationals can be funny and turn up at the oddest places. I bought an "unknown" 1929 from a small town northeast of Dallas in Las Vegas at Pawn Stars about 7 years ago. They knew what they had and it was no bargain. No matter the cost though I had to bring it back to Texas!

Regarding the small size 1929 FNB note from McKinney ...... I have heard that it is a mid-grade type 1 $10 and surfaced "back East" about 15 or 20 years ago. I have never seen it, nor has it ever been offered for sale.

Hopefully, I'll have a shot at it one day!
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 Posted 12/31/2018  5:33 pm  Show Profile   Bookmark this reply Add ateniense22 to your friends list
Hi. My first post here. Tried to email westernsky but by the rules I can't so soon. I'm a serious collector of encased advertising pocket mirrors. This is indeed one of those. Advertising pocket mirrors were a common way of advertising banks and merchants between late XIX century to mid 1900s. But encased (with lucky pennies) are rare. Nice one!
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 Posted 12/31/2018  6:24 pm  Show Profile   Bookmark this reply Add westernsky to your friends list
ateniense22....

Welcome to the Community and we look forward to your continued active participation!
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 Posted 01/01/2019  7:15 pm  Show Profile   Bookmark this reply Add thisistheshow to your friends list
Old thread, but glad it was resurrected. Beautiful Encased Cents!!
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 Posted 01/04/2019  12:19 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list
to the CCF, ateniense22

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