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This note became known a few weeks ago and I doubted its existence until I was shown pictures. When a new, exciting national comes out we collectors swarm to it like moths on a yard light. That was the case here. I was offered an opportunity to own this note last weekend and lucky for me it turned up in the Des Moines area. I am beyond happy to have this note as part of my collection!

The Citizens National Bank of Lyons was chartered on March 23, 1891 and was liquidated on June 11, 1900 and consolidated with Charter #66 The First National Bank of Lyons (at that time it was using Charter #2733). During the banks short life, they issued only 1307 sheets in the 10-10-10-20 format. That is an output of a mere 5,228 notes for a face value of $65,530! This note is the first of that group and bears the signatures of President L(eroi)B. Wadleigh and Cashier Virtus Lund. By 1910 only $1,000 was outstanding. Currently there are only two notes in the census and the other is in the Higgins Museum.


Lyons is now part of Clinton, IA.

l1.jpg  l2.jpg 



Sets I'm Working On: Iowa Nationals by County - Iowa Nationals by Town: A-J - Iowa Nationals by Town: K-W - Chicago 1929 Small Size National Bank Notes - By Charter - Chicago 1929 Small Size National Bank Notes - By Charter and Denomination

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That's awesome Cody! Like hearing of a prized find like that. Especially when it is something you find locally!

FRN Collections Complete - 1928-1934 LGS: $5 [87%] - $10 [37%] - $20 [2%] - $50 [6%] - $100 [0%] - $500 [0%]

http://www.1928notes.com - If you have a new note to add, please let me know.
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Steve in Tampa
Wonderful addition, congratulations Cody and thanks for sharing.
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I think it's great finds like this that helped start the phrase "I had to pinch myself because I thought I was dreaming!"  It looks like there is going to be some competition for that (you suck) award this year. 

All I have to say is that you are the most deserving and dedicated Iowa collector I know Cody, well done sir!
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You can't see me but I am giving you a standing ovation.Well done!  
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And a #1 note at that. Amazing find!
Florida and Washington state Nationals; engraving errors and other unusual errors; courtesy autographs; small and large type notes
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Agree with all the above. Congrats. Love large size brown backs. Serial number 1 ...wow.
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DepressionScripGuy (Rod)
Congrats on an outstanding find !!!
Come see a forgotten piece of history...
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! of 2 with one in a museum and the other in your collection!!! Superbly outstanding, can't get any better than that!!! 

Boom, Cody, Boom!
Looking for:
Any small size UNC $1 FRN with serial 16977961.
2009 $1 LX end -61 - CU.
1935A $1 CC HAWAII end -61 raw or PCGS CU or better, PMG ok.
World serial 00000061.
World replacements serials ending -61.
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Congrats on the great addition. And thank you for sharing.
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Fantastic note !! Congratulations.
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Congratulations Cody! Super note for your collection!

I am sure it is happy to be in a good home! [thumb]
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Love the brown backs. Here’s my $100. Click image for larger version - Name: 90C37E1C-5262-46E2-8F89-FFA26D5291CE.jpeg, Views: 147, Size: 1.46 MB
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Amazing note Cody!
Looking for Missouri Nationals/NW Missouri/SW Iowa
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Incredible in so many ways.

Only known example in private hands, Serial No 1, and outstanding eye appeal.

Glad you were able to add it to your collection.
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Fantastic acquisition!

Researching United States Postal Notes 1883-1894.

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Russell Kaye
Nothing wrong with that 1.

Congratulations on a great addition to your Iowa collection.
Buying, Selling Currency and Sharing Knowledge-Especially Obsoletes.
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Cody, WOW. What a super note in every respect! Congrats.
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What a great addition to your collection. Serial #1 and a brown back to boot - lucky you.
2009 Best of Registry Award Winner2012 Best of Registry Award Winner2017 Best of Registry Award Winner
2010 Best of Registry Award Winner2013 Best of Registry Award Winner Hall of Fame Award Winner
2011 Best of Registry Award Winner2014 Best of Registry Award Winner Hall of Fame Award Winner
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Cody , Congratulations on that fabulous addition to your collection. What a great #1 note!
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Superb addition!!
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Shawn Hewitt
Congratulations, Cody.  Love to see a great note finding a worthy home.
R. Shawn Hewitt
Society of Paper Money Collectors

Collecting interests:  Minnesota Nice  Minnesota Bank Note Set  Pre-Star Replacement Notes
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Very nice! What a great addition. So who has the best example, you or the Higgins Museum? We know they don't have a #1!
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GregAlex wrote:
Very nice! What a great addition. So who has the best example, you or the Higgins Museum? We know they don't have a #1!

Funny you bring this up. I knew I saw a picture of the other one somewhere. It's on page 190 of the Iowa National Bank Notes book by Ehrhardt & Sweeney. I haven't to the Higgins in a few years, but I think mine might have it by a nose. It's listed in the book as Fine and NBNC as F-VF. My note is VF-XF.

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WOW! Great pickup Cody - Congrats!!
Interested in MN & SD Nationals (and anything related to them).
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