Austin Coins

1929 $10 First National Bank of Houston, Texas Ch#1644 PMG VF-30

1929 $10 First National Bank of Houston, Texas PMG Very Fine-30 Obverse in Holder
1929 $10 First National Bank of Houston, Texas PMG Very Fine-30 Reverse in Holder

This 1929 $10 National Bank Note was issued by The First National Bank of Houston, Texas during the early years of the Great Depression. National Bank Notes were issued by individual banks under federal charter and backed by U.S. government bonds, representing a crucial component of American currency during this transformative economic period. The Houston bank was established as one of Texas's premier financial institutions, serving the rapidly growing oil and cotton economy of the region.

The obverse features a portrait of Alexander Hamilton, the first Secretary of the Treasury, surrounded by intricate geometric borders and the bank's charter information. The note displays clear printing with legible serial number E024265A and distinct bank signatures. The reverse showcases an engraving of the U.S. Treasury Building in Washington, D.C., rendered in the characteristic green ink of the period with detailed architectural elements and ornate border designs.

Graded Very Fine-30 by PMG, this note exhibits moderate circulation with well-preserved central designs and readable text throughout. The paper retains good structural integrity with natural aging consistent with its 95-year history. This Houston National Bank Note represents an accessible entry point into Depression-era currency collecting, combining historical significance with attractive design elements. For those seeking a well-preserved example of Texas banking history from this pivotal economic period, this note delivers both educational value and numismatic appeal. The note pictured is the exact note you will receive.

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