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Old Money from The National Gold Bank & TC Of San Francisco | 1994

The National Gold Bank & TC Of San Francisco

The National Gold Bank & TC Of San Francisco in California printed $853,750 dollars worth of national currency. That is a high amount, but condition and serial numbers can make otherwise common currency from this bank quite valuable. This national bank opened in 1872 and stopped printing money in 1879, which equals a 8 year printing period. That is obviously a very short period of time. During its life, The National Gold Bank & TC Of San Francisco issued 6 different types and denominations of national currency. We have examples of the types listed below. Your bank note should look similar. Just the bank name will be different. For the record, The National Gold Bank & TC Of San Francisco was located in San Francisco County. It was assigned charter number 1994.

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The National Gold Bank & TC Of San Francisco in California printed 4,460 sheets of $5 original series national bank notes. It is actually pretty standard for an early national bank to have a sheet output range between 2,500 and 5,000. The exact value of a bill is still going to be based on the number of notes known and the condition of each bank note. Each five dollar original series bank note has a spiked red seal. That is pretty much the only design difference between it and later issues. These are really beautiful notes. One neat thing about these is that the back of each note has a vignette of the corresponding state seal. Some of the state seals are very imaginative. Collecting by state seal was very popular early on in the hobby. Today most collectors are more concerned about bank of issue and condition. Serial number one bank notes are also extremely popular.
Original Series $5 National Bank Note

The National Gold Bank & TC Of San Francisco printed 4,223 sheets of $10 original series national bank notes. It is actually pretty standard for an early national bank to have a sheet output range between 2,500 and 5,000. The exact value of a bill is still going to be based on the number of notes known and the condition of each bank note. These notes were issued during the glory days of the national bank note era. Each $10 bill was pen signed by the president and cashier of the bank. Small towns and large cities both issued these notes. Of course the small town issuers tend to be scarcer today. Prices range from $500 to thousands of dollars (and more if the condition and rarity warrant it). Contact us if you need help valuing your bank note.
Original Series $10 National Bank Note

The National Gold Bank & TC Of San Francisco also printed 4,223 sheets of $20 original series national bank notes. That issue number may or may not sound like a lot of sheets depending on your experience with collectible currency. However, all original series $20 bills are rare. The production amount is irrelevant when it comes to values. These seem like common issues until you want to buy one. These just aren’t readily available from rare banks in very fine or better condition. We definitely feel like these are undervalued in today’s market.
Original Series $20 National Bank Note

The National Gold Bank & TC Of San Francisco also printed 2,856 sheets of $50 original series national bank notes. The printing number for original series $50 bills is irrelevant. There are only about 35 known to exist from all banks in the country. Despite being extremely rare, condition is still very important. Lots of first charter fifty dollar bills are heavily circulated; there are significant premiums for anything that grades extremely fine or higher.
Original Series $50 National Bank Note

The National Gold Bank & TC Of San Francisco also printed 2,856 sheets of $100 original series national bank notes. The same piece of advice applies here as it does to first charter fifties. These are rare enough to the point that printing numbers don’t matter. The same condition guidelines apply to original series $100 bank notes. These traded hands frequently and are often found in “well-used” states today. As with other bank notes, there can be huge price gaps between different grade points.
Original Series $100 National Bank Note

The National Gold Bank & TC Of San Francisco also printed 250 sheets of $500 original series national bank notes. The number of sheets of $500 national bank notes printed is completely irrelevant. These are exceedingly rare. It is currently thought that only three are known to exist. An authentic $500 national bank note should be worth over one million dollars.
Original Series $500 National Bank Note

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