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1929 $10 National Bank Note – The State National Bank of Texarkana, Arkansas – Charter #7138
Series of 1929 – Type 1 – Brown Seal – Small-Size National Currency – Circulated
Main Description
Offered for sale is an original Series of 1929 $10 Type 1 National Bank Note issued by The State National Bank of Texarkana, Arkansas, bearing Federal Charter Number 7138.
This historic National Currency note features Alexander Hamilton on the front, a distinctive brown Treasury seal, and the issuing bank\'s name prominently displayed to the left of the portrait.
The reverse features the United States Treasury Building in Washington, D.C., surrounded by the traditional green engraved design used on small-size $10 National Bank Notes.
This example bears serial number E000676A, with the bank\'s charter number, 7138, printed vertically on both sides of the front.
The note retains identifiable bank officer signatures, including W. B. Oglesby as Cashier and Stuart Wilson as President.
This example has substantial circulation wear, including multiple folds, creases, discoloration, edge wear, and a single pinhole near the upper-left corner by the $10 denomination marking.
An interesting example of Arkansas National Currency from the distinctive twin-city community of Texarkana, located along the Arkansas–Texas state line.
This IS the exact note you will receive.
Note Details
Denomination: $10
Series: 1929
Variety: Type 1
Currency Type: National Bank Note
Issuing Bank: The State National Bank of Texarkana
Location: Texarkana, Arkansas
County: Miller County
Charter Number: 7138
Serial Number: E000676A
Treasury Seal: Brown
Portrait: Alexander Hamilton
Reverse Design: United States Treasury Building
Cashier: W. B. Oglesby
President: Stuart Wilson
Treasury Signatures: E. E. Jones / W. O. Woods
Estimated Condition: Very Good (VG), with one pinhole
Certification: Ungraded / Uncertified
Original Dimensions: Approximately 6.14 × 2.61 inches
Type 1 National Bank Note Explanation
The Series of 1929 introduced a smaller format for National Bank Notes, replacing the oversized currency that had circulated for decades.
These notes retained the identifying names and charter numbers of federally authorized banks while adopting dimensions similar to modern United States paper currency.
Two principal varieties of Series of 1929 National Bank Notes were produced: Type 1 and Type 2.
Type 1 notes display the bank\'s charter number in the designated vertical positions on the front, with the note\'s serial number appearing in two locations.
Type 2 notes incorporate the charter number into the serial-number arrangement, making the two varieties distinguishable.
This example is a Type 1 $10 National Bank Note, featuring Alexander Hamilton and the familiar green Treasury Building reverse.
Unlike ordinary Federal Reserve Notes, National Bank Notes identify the specific bank authorized to issue the currency.
This example was issued under Charter Number 7138 by The State National Bank of Texarkana, Arkansas.
History of The State National Bank of Texarkana
The State National Bank of Texarkana was a federally chartered banking institution located in Texarkana, Arkansas, serving businesses and residents of the surrounding region.
The bank received National Bank Charter Number 7138 in 1904, during a period of continued commercial and transportation development in southwestern Arkansas.
As part of the National Banking System, the institution was authorized to issue National Currency secured by qualifying United States government obligations.
The State National Bank issued both large-size National Currency and later small-size Series of 1929 notes.
Its currency circulated during a period when Texarkana was an important commercial center connecting Arkansas, Texas, and neighboring states.
The bank\'s location along a major interstate commercial corridor made it part of a regional economy supported by railroad transportation, timber, agriculture, merchants, and other businesses.
The names of bank officials W. B. Oglesby and Stuart Wilson appear on this example, providing an additional connection to the people associated with the institution during the National Currency era.
Surviving notes from Charter #7138 preserve an important part of the financial history of Texarkana and southwestern Arkansas.
Texarkana, Arkansas – Local City History
Texarkana is located in Miller County in southwestern Arkansas, directly across the state line from Texarkana, Texas.
The unusual name Texarkana reflects the city\'s geographic position near Texas, Arkansas, and Louisiana.
The community developed during the nineteenth century as an important railroad junction and commercial center.
Railroad expansion helped transform Texarkana into a transportation hub, allowing agricultural products, timber, manufactured goods, and commercial shipments to move through the region.
Its location on the Arkansas–Texas border gave the community a distinctive identity, with two neighboring cities sharing the Texarkana name while operating under separate state governments.
During the late nineteenth and early twentieth centuries, the region experienced commercial growth supported by railroad activity, lumber production, farming, and retail trade.
Local banks provided financial services to merchants, businesses, agricultural interests, and residents of the surrounding communities.
National Bank Notes issued by The State National Bank of Texarkana circulated during this period of regional economic activity.
Today, Texarkana remains known for its unique two-state identity, railroad heritage, and historic downtown district.
Currency bearing the Texarkana name offers collectors an interesting connection to one of America\'s distinctive border communities.
Detailed Condition Assessment
This original Series of 1929 $10 Type 1 National Bank Note is a heavily circulated, ungraded example displaying substantial wear from extended handling and use.
The front exhibits numerous vertical and horizontal folds, including pronounced creases extending through Alexander Hamilton\'s portrait and across the printed designs.
The paper displays extensive handling wrinkles, general soiling, discoloration, and uneven toning.
The corners show rounding and wear, while the outer edges exhibit minor roughness and circulation-related deterioration.
Important Condition Disclosure: This note has one pinhole located near the upper-left corner, close to the $10 denomination marking.
The pinhole is an additional paper defect beyond ordinary circulation folds and handling wear.
The reverse displays extensive folding, wrinkles, discoloration, and general circulation wear. The green Treasury Building design remains recognizable despite the paper wear.
The note retains its brown Treasury seal, identifiable bank officer signatures, serial number, charter number, portrait, denomination, and major printed details.
Based on its overall appearance, we would conservatively describe this note as approximately Very Good (VG), with one pinhole noted.
The note is not being represented as problem-free or professionally graded.
We are not professional currency graders, and any estimated grade represents our subjective opinion rather than a certified assessment.
Please carefully review all photographs, particularly the folds, paper discoloration, edges, and single pinhole near the upper-left denomination marking.
This IS the exact note you will receive.
Collector Interest
This historic National Bank Note offers several appealing features:
Arkansas National Currency: An original note issued by an Arkansas banking institution.
Texarkana Location: A collectible connection to the distinctive Arkansas–Texas border community.
Charter #7138: Identifies The State National Bank of Texarkana.
1929 Type 1: A classic small-size National Bank Note variety.
Brown Treasury Seal: A recognizable characteristic of Series of 1929 National Currency.
Alexander Hamilton Portrait: Features the first United States Secretary of the Treasury.
Bank Officer Signatures: Includes the names of W. B. Oglesby and Stuart Wilson.
Historical Survivor: An original circulated note with visible evidence of its long history.
An interesting addition to collections of Arkansas National Bank Notes, Texarkana memorabilia, small-size American currency, or early twentieth-century banking history.
Shipping Information
Shipping Method: USPS shipping with tracking and insurance for added peace of mind.
International Shipping: Available on select items only. Please refer to the shipping options provided in this listing to confirm availability. When offered, international buyers are responsible for any additional shipping charges, customs duties, taxes, and applicable import fees.
Packaging: Your banknote will be securely packaged in a protective currency sleeve and padded mailer to help ensure safe delivery.
Handling Time: Orders ship within 1–3 business days after payment is received.
Signature Confirmation: Adult signature required upon delivery.
Fine Print
Please carefully review all photographs, as they are an important part of the item\'s description and condition assessment. If you have any questions, feel free to contact us before purchasing.
Free insured shipping is provided unless otherwise specified in the listing. All orders are carefully packaged and shipped within 1–3 business days after payment is received.
A USPS tracking number will be uploaded once your order has shipped, allowing you to follow its progress through delivery.
We appreciate your interest and thank you for considering this piece of American banking history!
