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Old Money from The Peoples National Bank Of Pueblo | 2134

The Peoples National Bank Of Pueblo

The Peoples National Bank Of Pueblo in Colorado printed $27,000 dollars worth of national currency. In the scheme of things, that is a very tiny output. Notes from this bank should be rare. This national bank opened in 1874 and stopped printing money in 1875, which equals a 2 year printing period. That means that money from this bank was not entering circulation very often. During its life, The Peoples National Bank Of Pueblo issued 3 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 Peoples National Bank Of Pueblo was located in Pueblo County. It was assigned charter number 2134.

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The Peoples National Bank Of Pueblo in Colorado printed 900 sheets of $1 original series territorial national bank notes. A print run under 1,000 will get the attention of most people. Combine that with a territorial and you have a real winner. When dealing with any first charter one dollar bank note, you can always take the number of sheets printed and multiply it by three to get the total number of actual bank notes printed for this denomination. These are technically called original series one dollar territorial national bank notes. Most collectors just call them territorial aces. Believe it or not, they are actually quite available. Around 100 of them are known to exist. Thanks to small hoards from towns like Salt Lake City, Yankton, and Denver, a collector can buy a nice looking territorial ace without spending tens of thousands of dollars. The rarest examples will certainly still cost more than $10,000, but others can seem like bargains.
Original Series $1 Territorial National Bank Note

The Peoples National Bank Of Pueblo printed 900 sheets of $2 original series territorial national bank notes. Keep in mind that there was just one two dollar bill printed per sheet. So in this case the sheet number equals the total output of notes. Just like with the one dollar denomination, original series $2 territorial bank notes have survived at a surprisingly high rate considering they were only issued by 19 different national banks. The good news for sellers is that these are still really valuable. Prices are as low as $10,000 for something ugly and relatively common. It is possible for the rarest examples to be worth more than $50,000.
Original Series $2 Territorial National Bank Note

The Peoples National Bank Of Pueblo also printed 1,125 sheets of $5 original series territorial national bank notes. A total sheet output in the lows 1,000s is a great sign that you own a very rare bank note. You can do some quick math and take the sheet output, multiply it by four, and get the total number of original series $5 territorial bank notes issued by this bank. Only 30 banks in the country even printed these notes. Today there are only about ten surviving examples known to exist. Most of them are low grade and they are rarely available on the collector market. We are talking about bank notes printed before 1875, so the number of new discoveries being found 140 years later is minimal. Prices range from a few thousand dollars to tens of thousands of dollars based on any number of valuation factors.
Original Series $5 Territorial National Bank Note

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