Old Money from The First National Bank In East Saint Louis | 11596
The First National Bank In East Saint Louis
The First National Bank In East Saint Louis in Illinois printed $2,139,650 dollars worth of national currency. Over $1,000,000 face value is a lot of money. However, some types and denominations of currency from this bank could still be rare. This national bank opened in 1920 and stopped printing money in 1934, which equals a 15 year printing period. That is actually quite brief in terms of bank existence. During its life, The First National Bank In East Saint Louis issued 4 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 First National Bank In East Saint Louis was located in St Clair County. It was assigned charter number 11596.
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The First National Bank In East Saint Louis in Illinois issued 6,467 sheets of $50 1902 blue seal national bank notes. There is no trick to knowing which 1902 blue seals will be common and rare. Often times the number printed won’t tell you much information. The value still comes down to condition and demand. That is a surprise to most people. In fact, most 1902 $50 bills we see are worth between $750 and $1,250. The rarer ones can be worth more than $5,000. However, there isn’t much middle ground.
1902 $50 Blue Seal National Bank Note
The First National Bank In East Saint Louis printed 6,467 sheets of $100 1902 blue seal national bank notes. It is no coincidence that the sheet numbers for $50 bills and $100 bills are the same. They were printed on the same sheets. Most $100 blue seals are at least scarce; others can be very rare. John J Knox is printed on the front of each bill. Most collectors like the back design a lot more though. It is really unique and different from most other national bank notes. Prices for 1902 $100 blue seals are pretty similar to $50 blue seals. They are both equally common or equally rare, depending on how you look at it.
1902 $100 Blue Seal National Bank Note
The First National Bank In East Saint Louis also printed 1,051 sheets of Type1 1929 $50 national bank notes. That is a pretty typical sheet output for a national bank during the small size era. As is the case with all modern fifty dollar bills, Ulysses Grant is pictured on the front of 1929 $50 bills. This is a higher denomination that was only printed by 300 different national banks. Many examples are only worth around a few hundred dollars. Rarer specimens can sell for more than $1,000.
Series of 1929 Type1 $50 National Bank Note
The First National Bank In East Saint Louis also printed 346 sheets of Type1 1929 $100 national bank notes. That may sound like a very small number, and it is. However, when it comes to small size notes, that print range usually allows for a handful of survivors. Despite saying series of 1929, all type1 national bank notes were actually printed between 1929 and 1933. Exactly 289 national banks printed $100 type1 notes. Most are relatively common. However, as with anything, there are always exceptions to that rule.
Series of 1929 Type1 $100 National Bank Note