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In Search Of Arlington, TX Bank Notes

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thecoinguy1964's Avatar
United States
1308 Posts
 Posted 12/02/2016  7:20 pm Show Profile   Bookmark this topic Add thecoinguy1964 to your friends list Get a Link to this Message Number of Subscribers
I'm not a big time currency collector, but I saw one of these on the bay a while back. How rare are they, and does anyone have one?
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thecoinguy1964's Avatar
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 Posted 12/03/2016  12:47 pm  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
They must be rare, I only hear crickets, thanks anyhow.
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MeadowviewCollector's Avatar
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4409 Posts
 Posted 12/03/2016  12:53 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
I just logged on this morning and saw your question.

Arlington, Texas had 2 national banks

Citizens National Bank of Arlington charter # 5806

Arlington National Bank charter #7345
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SteveInTampa's Avatar
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4637 Posts
 Posted 12/03/2016  1:02 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
I searched the Heritage archives and found plenty of Arlington Nationals....problem is none of them are from Arlington Texas. There was Arlington Georgia, Arlington South Dakota, Arlington Iowa, Arlington Massachusetts, and Arlington Washington DC....but no Texas notes. I do not have a paid census, and would be curious to know how many survivors are out there.
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MeadowviewCollector's Avatar
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 Posted 12/03/2016  1:16 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
Notes from both banks must be scarce/rare as neither Heritage or Lyn Knight has handled the sale of any.

Charter #5806 was in business for 14 years (1901 to 1915) and total circulation was $215,250. Kelly census shows 4 notes reported: 2 $20 Brown Backs, 1 Series 1882 $10 Date Back and a Series 1882 $20 Date Back. The two Date Backs are held in the Philpott/Moody Foundation.

Charter #7345 was in business 15 years (1904 to 1919) with total circulation of $338,350. Kelly census shows 4 notes reported: 2 $10 Series 1902 Date Backs, 1 $20 Series 1902 Date Back and finally 1 Series 1902 $20 Plain Back

I believe Texas is one of the more popular states to collect when it comes to national bank notes.

-MV
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thecoinguy1964's Avatar
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 Posted 12/03/2016  4:04 pm  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
Wow MV, great information, I'm impressed! First time I've been on the currency board, just as the coins, tons of knowledge & folks much smarter than me. I guess I'll just keep my eyes pealed.
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MeadowviewCollector's Avatar
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4409 Posts
 Posted 12/03/2016  5:04 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
I should have mentioned that when it comes to nationals: you can't be too fussy about condition especially when there aren't many notes to begin with.

For example, if you found a Series 1902 $10 Date Back from Charter #7345 missing a corner and somewhat dirty in your price range you would have to decide do I buy this note now and have an example or wait for a better one to come along? The wait for another could take years.

On the other hand if we were discussing a big city bank with several notes reported I see no reason to settle for a damaged one if there are undamaged ones available.
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thecoinguy1964's Avatar
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 Posted 12/03/2016  8:20 pm  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
I was born and raised in Arlington, but I'd take anything that I could get. I'm not a real big currency collector, I've just accumulated some over the years. I don't even remember when I saw this particular note, heck I didn't even know that they existed, for Arlington was such a small town way back when. Thanks again for all you knowledge & help.
Regards
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