Bank Note Sale to Benefit Blast Victims|
May 14, 2013
A rare 1929 West, Texas $10 bill will be offered in Heritage Auctions’ May 21 Tuesday Internet Currency Auction to benefit the victims of the April 17 explosion that killed 14 people, including eleven firefighters and first responders. Heritage is donating all proceeds, including the sale price and the buyer’s premium from the bill, in addition to producing a limited edition poster featuring the rare note. The collectible poster will be available for $25 each with all of the proceeds donated to the effort.
“This note is symbolic of the hardworking people of West, Texas,” said Dustin Johnston, Director of Currency Auctions for Heritage. “We know the town will pull through this and we know bank note collectors will recognize this as a great way to promote donations that go directly to the victims’ families.”
This series 1929 Type 2 serial number 1 note is one of only 11 known for this bank and was last sold by Heritage in September 2009 as part of The Lone Star Collection. The first settlers of McLennan County, in which lies the town of West, arrived in the 1840s, by the 1880s, rail transport brought prosperity to the rich farming lands. By the 1890s, businesses were abundant in West, named after land owner, Thomas West. Starting in 1865, banks could place bonds and other securities on deposit with the US Treasury and receive notes bearing their name to circulate in their area. They were known as National Banks and West had three of these banks between 1900 and 1934, each of which issued notes bearing the name West.
The West Volunteer Fire Department has created a fund for donations and will divide revenues equally among the families who suffered a loss. Established in 1894 as the West Hose Company #1, the West Volunteer Fire Department relies on all-volunteer firefighters and is a fire department whose fundraising efforts helped build the current firehouse.
To reserve a limited edition poster featuring the note, contact Avi Gonzalez at Heritage Auctions, AviG@HA.com, (214) 409-1452 or Fax: (214) 409-2452.
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