World Banknote Auctions Announces Discovery of Third Known National Banknote with Mismatched Prefix

Sacramento, CA: Today, World Banknote Auctions, the only auction firm in the United States specializing in US & World Paper Money announced the discovery of only the third National Banknote with a mismatched prefix letter. Part of the Navy Commander Collection of U.S. National and Gold Banknotes, the note is a 1929 Type 1 $10 National Banknote on Charter #200, the First National Bank of Boston, Massachusetts. The note displays serial number B011362A on the left side and serial number E011362A on the right side and has been graded Very Fine 25 by PMG.

“This is an extremely exciting discovery and the first example of such an error to come to light in many years” said Dennis Hengeveld, President of World Banknote Auctions. “Only two examples were previously known, with this example joining an extremely elusive group of mismatched prefix National Banknotes, one from the Farmers & Merchants National Bank of Fort Branch Indiana, and another from the First National Bank of Boston. This new discovery will give collectors the opportunity to acquire one of the greatest errors in the National Banknote series. It’s been almost a century since National Banknotes were last issued, and it is unlikely that many more discoveries such as this are to be made”.

This exciting error note will be offered in part 1 of the Navy Commander Collection of U.S. National and Gold Banknotes on March 10, 2023. The collection, assembled over several decades by a dedicated collector of National banknotes focuses on California, but also includes a selection of National Banknotes from around the nation. It is offered unreserved, with many of the notes seeing their first public auction appearance in at least a decade or more.

About World Banknote Auctions: Headquartered in Sacramento, California, World Banknote Auctions was founded by Dennis Hengeveld. The firm specializes in auctions of US & World Paper Money held regularly on its website, www.worldbanknoteauctions.com.