Elizabethtown, Kentucky. $10 1882 Value Back. Fr. 579. The First Hardin NB. Charter #6028. PCGS Banknote Gem Uncirculated 66 PPQ.
An exceptionally well printed and very well preserved 1882 $10 Value Back from Kentucky. Plentiful margins frame the sharply inked plate impressions on both the face and the back. The importance of electricity was illustrated in the vignettes Franklin and Electricity at left (depicting the founding father's famous kite experiment) and America Seizing the Lightning at right. The green printed back design features the denomination spelled out at center, hence the "Value Back" nickname these notes are known by. To the left is a portrait of Secretary of the Treasury William P. Fessenden, while a mechanic is shown at right. The First-Hardin National Bank was chartered initially as the Hardin National Bank in November of 1901. It adopted its second title, that seen on this note, mid-way through their usage of Value Backs. The bank issued just over $2 million in both large and small size through 1935. PCGS Banknote has yet to release a population report, however we can imagine that this note is towards the top. PCGS Banknote comments "As Made Paper Wrinkles."
Estimate: $10000.00 - $15000.00
Price realized | 8'500 USD |
Starting price | 6'000 USD |