Vintage Medical Lake banknote to be auctioned in South Carolina

A small piece of Medical Lake history is going to be sold on the other side of the country.

Manifest Auctions, a company based out of Greenville S.C., will be auctioning off a $20 banknote, on Feb. 28 at 10 a.m., issued from the First National Bank of Medical Lake in 1929.

National banknotes were a form of currency and issued to states and territories from 1863-1935 by banks that had national charter with the federal government.

Manning Garrett, owner of Manifest, said these kind of banknotes that were distributed from community banks are sought after by collectors for their rarity and histori...

 

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