Fr. 574. Carrollton, Illinois. 1882 $5 Value Back. The Greene County National Bank of Carrollton. Ch

Fr. 574. Carrollton, Illinois. 1882 $5 Value Back. The Greene County National Bank of Carrollton. Charter #2390. PMG Choice Uncirculated 64 EPQ.，Bright and fresh paper supports vivid ink tones throughout. The overprinted blue charter numbers and region letters are particularly dark and boldly printed, with associated embossing visible on the back. The stamped bank officers signatures are somewhat lightly inked, but still quite visible. The margins are wide and fairly even, particularly on the face where this notes nice first impression is made. <p><p>This was the only note-issuing National Bank in this Greene County town. It was chartered in July 1878 and liquidated in June 1918. As such, only large-size notes were issued, and there are a healthy number of nice notes known, making this an ideal title for type collectors. However, nice Value Backs are more difficult to find in general, and this is one of the nicer $5 Value Backs on this title. PMG has graded only a single example on this type and title better than this one. As a one-bank town, all Illinois State collectors need it, adding a bit of collecting pressure.<p><p>This note is plated in Q. David Bowers <em>Whitman Encyclopedia of U.S. Paper Money</em>, and was used to illustrate one of the two different face plate variations. On this variety, it reads "NOTE IS SECURED BY BONDS OF THE UNITED STATES OR OTHER SECURITIES" whereas the other variety reads "SECURED BY UNITED STATES BONDS DEPOSITED WITH THE TREASURER OF THE U.S." The latter text was that used on the Brown Back issues and according to Bowers, it is the proper one for the Value Back series as well.<p><p>PMG has graded only three examples finer than this one. It is an important grade rarity for the variety that has been off the market for a half century.<p>，From the A.J. Vanderbilt Collection. Earlier from Morey Perlmutter, December 1967, by direct sale.，