Found these in a book. Any idea as to census? I am NOT a collector but they sure are unique with alot of character. Not a very good scan of the Exchange.
Found these also. I cannot believe how vivid the colors are for as old as they are. May just have to start collecting.
Nice notes, and a great find. I'd love that deuce (that is if you're posting them for sale) Let me know
No, I'm gonna keep them. Thought someone here could tell me about the National currency notes. They are alot harder to find out about. You are right though, the deuce is pretty nice for as old as it is. Certainly not uncirculated, but excellent shape and as I said the colors are excellent. The Citizens bank note is actually the best--Series of 1902. I guess the old saying "they don't make them like they use to" is certainly true in paper currency. You guys and gals have a nice site here. Lots of good info and, if anything like my classic truck site, frequented by friendly helpful folks.
What book might I ask that you found these in?? These are some nice notes..... I will look the Nationals up tomorrow, as for the $5 and the duce...well simply go to any auction site like heritage and run a sold for price on them in the last year...that will give you a good idea. They all look to be a F to VF except the $5 National and I would say VG8 to F12 and pricing for these should not be to hard to find. The Nationals will take a bit of research to see how many remained out at time of call in. RickieB
The Duce looks to be signed by Naiper/McClung and in VF20 it goes for 300-350.00 The $5 Blue Seal is a Burke/Glass signed note and in VF runs 175-200.00 RickieB
Man, VERY nice finds! Seems like you did pretty good by what Rickie posted. :thumb: They are very beautiful to boot, congrats! :thumb: Phoenix
A book of Shakespeare believe it or not! Thanks for the info RickieB. Would sure appreciate anything you could find out on the nationals. Tim
Hello.. Both National Bank Notes fall under the catagory of Series 1902 "Plain Back's" This means that on the reverse of the note, there is no date on the top center of the note. Those are known as Date Backs! (follow the link to my collection and you will see a $20 date back) There was an Act entitled "Aldrich-Vreeland Act and it expired on June 30, 1915 and all Banks that were issuing "date backs" switched to "plain backs". This can be identified by the charter number and Treasury Seal being printed in Blue just as they are on date backs. The plain backs as mentioned do not show any dates, but are identical with the back of the red seal 1902 notes. The 1902 Plain Backs were issued from 1915 thru 1929. ***The $5 note may be a Date Back***** look on the reverse and above the central vignett you will see 1902-1908 The $10 note is cited in Kelly's 5th Edition as being printed in sheets of consisting of 3 $10 notes and 1 $20 note. There were 21230 sheets printed. That note is valued at aprox 200- 250.00 in its current condition according to Kelly. I have sent you a PM concerning the $5 Note. Please read and call me. RickieB
Exactly! Perhaps I should learn how to spell his name correctly. RickieB--Done. You have large scans front and back. Appreciate your input. Tim
Tim.... I have sent you a PM outlining the value of that note! Congratulations on a great find!! :thumb: :thumb: :thumb: RickieB...
Richie... The information that I PM'd you is just the basic...I will get more for you shortly! Regards, RickieB
RichieB.... As Mr. Kelly explains; It all began back on Feb 25, 1863 when Abe Lincoln signed legislation entitled" An Act to provide a National Currency, secured by a Pledge of United States Stocks, and to provide for the Circulation and Redemption thereof"! This provided for the establishment of National Banks and the Currency as we know it! The notes were issued from over 12,000 Banks between 1863 and 1935! The Banks had to have a capital of $50,000 or more and the lifespan of 20 years or less! At the start of the "Act" a total of 489 Banks organized under the provisions of the Act, of these 489 Banks, 98 Banks chose a 19 year lifespan, starting from their organization date.That choice would force many of them to liquidate 19 years later due to Congress not approving legislation to extend their chartwers in a timely fashion! The Series started out with the "Original Series Notes" and they were printed from 1863 to 1875 (in my collection, I have an Original Series $1 NY Note) in denominations of $1,$5,$10, $20, $50, $100 $500 and $1000. The earliest issues of Original notes did not bear the Banks Cahrter# and were printed by private Bank Note Companies in NY City!! After printing, they were shipped to Washington, D.C. where the Treasury Seal and Treasury SN were imprinted. The next Act was the "Act of 1874" June 30 1874 required that notes carry the Bank Charter number. On Series 1875 notes these numbers were printed in "RED" on the face of the note. In addition the Series 1875 note have a surcharge "Series 1875" next to one of the charter numbers. Also the National Gold Bank Notes was inspired by the Act of July 12, 1870. Folks out West did not trust paper money and dealt with mostly gold and silver as currency trade. Then in/on Jan 1, 1879 the Gov resumed specie payments, making all federal paper maoney redeemable in silver or gold coin! The Act of Jult 12, 1882 provided for a series of new note designs with $5, $10, $20 $50 and $100. Existing national banks had their corporate lives extended another 20 years! The Congressional actions lead to 3 distinct types of 1882 notes; 1882 Brown Backs, 1882 Date Backs and 1882 Value Backs. The 1882 value back came about when in 1915 the Aldrich-Vreeland Act no longer permitted the use of "other securties" to secure the their notes, only United States Bonds could be used/deposited. Banks tha were issuing Date Backs began issuing "value Backs" The face designs were the same as the date backs but the "other securties" clause was removed only in cases where a new plate was made. This resulted in Value Backs that are more plentiful with the "other securties clause" thatn without. The Issue ended in 1922. On all denominations except the $5 notes, Series 1882 is overprinted in "Blue" on the notes face. This overprint is not there on an 1882 Date Back,. "All 1882 Value Backs are scarce, but the $50 and $1000 notes are extremely rare!!" Go find em Richie...there may still be some out there. Source: National Bank Note's 5th Edition, Author; Don C. Kelly
