First National Bank
of Ceylon, Minnesota
Large Size - 2nd Charter
Date Back - US$10

National US$10 bank Notes issued in late 1908 by the First National Bank of Ceylon, Minnesota with Charter Number 6029. Uses the front plate of the Brown Back issued in 1901 when the Bank was founded with modified security clause, but with the same date Oct. 4, 1901 and Treasury Signatures. The Bureau of Engraving and Printing certified Proof in National Numismatic Collection has date 1908-08-27.
Denomination : $10
English : Ten Dollars
State : Minnesota
City : Ceylon
Bank : First National
Charter : 6029 M
Seal Color : Blue
Size : 189x79 mm
Date on Note : Oct. 4, 1901
Year of Issue : 1908
Front Design : 1882
Back Plate Type: Date Back
Bank Serials : 1 - 1670
Plate Prefix : D-F
Printed Notes : 5010
Known Notes : 2 (T&P)
Status : 1 signed
NNM/1908_CeylonMN_DB_10D_CP-F_f.jpg
NNM/1908_CeylonMN_DB_10D_CP-F_b.jpg
Click on image to see Certified Proof
Fr. 545 $10 1882 DB FNB

Front: Printed in Black the Engravings: On left, Benjamin Franklin drawing electricity On right, Liberty with eagle.
Large TEN on upper left and Numeric 10 on upper right.
In Middle NATIONAL CURRENCY in Arc on Top. Below THIS NOTE IS SECURED BY BONDS OF THE UNITED STATES OR OTHER SECURITIES in 4 arcs/lines. THE FIRST NATIONAL BANK OF CEYLON Will pay TEN DOLLARS on demand MINNESOTA in 7 arcs/lines. Ceylon, Minn and Oct. 4 1901 on either side of FIRST.
Above US Treasury Signatures:
On left J. W. Lyons Register of the Treasury (1898-04-07-1906-04-01)
On right Ellis H. Roberts of New York, Treasurer of the United States (1897-07-01 to 1905-06-30).
Labeled space at bottom for hand Signatures of Bank F. H. Koenecke (1914-32) Cashr on left and A. R. Butler (1914-19) Prest on right.
Multiple times along Border Charter No 6029 and value as 10 TEN
Plate position A or B on upper left and lower right.
Border bottom middle in small text BUREAU OF ENGRAVING AND PRINTING
Will be Overprinted in Blue Bank Serial Number and National Serial Number. Large Charter Number 6029 with Seal. The large M indicates that Ceylon MN is in Mid West
Back: Large Dates 1882 * 1908 within central oval panel. Numeric 10 on all four corners.
Engravings within ovals William P. Fessenden allegorical man (Mechanic) Bust facing right on left, seated, on right.
NATIONAL CURRENCY multiple times left and right along border.
Upper Center panelTHIS NOTE IS RECEIVABLE AT PAR IN ALL PARTS OF THE UNITED STATES, IN PAYMENT OF ALL TAXES AND EXCISES AND ALL OTHER DUES TO THE UNITED STATES. EXCEPT DUTIES IMPORTS AND ALSO SALARIES AND OTHER DEBTS, DEMANDS OWING, BY THE UNITED STATES TO INDIVIDUALS, CORPORATIONS & ASSOCIATIONS WITHIN THE UNITED STATES, EXCEPT INTEREST ON PUBLIC DEBT.
Lower center panelCOUNTERFEITING OR ALTERING THIS NOTE OR PASSING COUNTERFEIT OR ALTERATION OF IT, OR HAVING POSSESSION OF ANY FALSE OR COUNTERFEIT PLATE OR IMPRESSIONS OF IT, OR ANY PAPER MADE IN IMITATION OF THE PAPER ON WHICH IT IS PRINTED, IS FELONY. AND PUNISHABLE BY $1,000 FINE OR 15 YEARS IMPRISONMENT AT HARD LABOR OR BOTH.

William Pitt Fessenden (1806-1869) was a US politician from Maine. He served in the House of Representatives and Senate before becoming Secretary of the Treasury under President Abraham Lincoln during the American Civil War.

Auctions

Year Date Type $ Grade By PQ Sold US$Serial No P Auction Date Source LotImg
1908 1901-10-41882DB 1010 660.00H6394070879F 1997/05/02 CAA 251
1908 1901-10-41882DB 1015 PMG 1850.00H6394070879F 2022/10/31 eBay Unsold 204125748008Y

Click for References and other notes from Ceylon, MN, USA