Bank token today

[kimsdad]

I had the chance to hit a private yard today and got nothing but junk, clad, and just as I was about to give up, this nifty bank token from Noel State Bank in Chicago. It was at 1601 N. Milwaukee, and the Midwest Bank now occupies the building.



I checked the on line token database and saw a $30 value attached to it (I think), although dug it's probably a lot less. It's about the size of a 50 center. No silver today, but at least I wasn't empty handed. I hope those of you who didn't get out and score today can do it tomorrow!

 

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[treasurefiend]

Sweet find buddy!!!

 

[p2c]

That is a super awesome token! Did the online site give a date for the token? I assume it was back in the day when $5 was a pretty big deposit.

 

[Lowbatts]

I get a buck for every fiver I put in! I'm in!

 

[Pocket Spill]

Awesome token!

 

[justdigging50]

Cool token with intresting history to it. Great job picking that one up Neal !

 

[litefire56]

Always nice when a little surprise comes up at the end of a hunt.
Cool token!

 

[Dirt fishing Wolf]

great find Neil!!

 

[kimsdad]

That is a super awesome token! Did the online site give a date for the token? I assume it was back in the day when $5 was a pretty big deposit.

No date was given. The bank opened in 1915, but I don't think this token is anywhere near that old. Can't find when it closed.

 

[Mackaydon]

Joseph R. Noel was still President of his bank in 1921.
My guess is this bank failed during the Depression.

 

[kimsdad]

Joseph R. Noel was still President of his bank in 1921.
My guess is this bank failed during the Depression.

Good call, Mackaydon. I found out that the bank went into receivership in 1931. It wasn't dissolved until January 1948.

Great avatar, too!

 

[Mackaydon]

Kimsdad:
Double thanks.
Don....

 

[twistidd]

Neil, always with the fascinating finds! That's quite a token you got there. I'm sure it was a long way from Wicker Park. But I know the bank that is there now. It's near one of my favorite little restaurants.

Joe