Fifty Dollar Notes › Nationals › 1902 Fifty Dollar National Bank Notes › Michigan Charters › 1902 $50 Caspian Michigan Caspian National Bank
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1902 $50 Red Seal - Front
1902 $50 Red Seal - Back
1902 $50 Date Back - Front
1902 $50 Date Back - Back
1902 $50 Plain Back - Front
1902 $50 Plain Back - Back
| Item | Info |
|---|---|
| Series | 1902 |
| Charter | #11802 Caspian National Bank of Caspian, Michigan |
| Year Chartered | 1920, 333 Banks Chartered |
| City Info | Caspian is a city in Iron County in the U.S. state of Michigan. The population was 906 at the time of the 2010 census. The city has an Italian heritage. The location first received a station on the Chicago & Northwestern Railroad in 1884 and has been known by the names of Spring Valley and Newtown. Caspian was founded and platted with the name Palatka in 1901. It was a headquarters for a mining company, Voroner Mining Company. Voroner operated three mines, Baltic, Caspian, and Fogarty mines. With the expansion of the mines, a second adjacent village named Caspian was founded in 1908. The post office move there. The location was poor and a new adjacent village called New Caspian was formed in 1909. The whole area was incorporated as the village of Caspian in 1918. Source: Wikipedia |
| Similar Cities | City name is unique, no others like it. |
| Seal Varieties | Red, Blue |
| Other Info | 1. Value depends on notes known for charter, condition and market demand. |
| Neat Fact | Notes of Aldrich-Vreeland Period (1908-1915) contain inscription "Secured by United States bonds or other securities" (Friedbergs, 20th Ed. P 100) |
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