West Palm Beach, Florida. $10 1902 Plain Back. Fr. 634. The American NB. Charter #12057. PMG Very Fine 25.Collectors are very lucky that any large note from West Palm Beach was issued, let alone still exists. In 1920 the population of WPB was just 8,659, up from 564 two decades prior. The town would no doubt be completely unrecognizable if the residents of the 1920s came back today. In reality the small beach town didnt need two national banks; The American National Bank was late to the party and couldnt compete with older banks. It closed up shop after just two years. The census shows two other blue seals. A pretty VF brought $37,375 in 2011. Another note listed as VG has no auction history associated with it. Florida is one of the few states where a large size from every town is known to exist, making a state wide town collection possible, but a difficult task. Just like with coins, you might as well start with the keys. A large from West Palm Beach will always be rare and desirable.
