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Old Money from The Hide & Leather National Bank Of Chicago | 2450

The Hide & Leather National Bank Of Chicago

The Hide & Leather National Bank Of Chicago in Illinois printed $551,640 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 1880 and stopped printing money in 1897, which equals a 18 year printing period. That is actually quite brief in terms of bank existence. During its life, The Hide & Leather National Bank Of Chicago issued 2 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 Hide & Leather National Bank Of Chicago was located in Cook County. It was assigned charter number 2450.

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The Hide & Leather National Bank Of Chicago in Illinois issued 5,750 sheets of $5 series of 1875 national bank notes. A print range between 5,000 and 10,000 is a pretty high number. But you have to remember we are talking about bank notes from the 1870s and 1880s. Even banks with high issue numbers could be rare today. Series of 1875 $5 bills are some of the most commonly encountered bank notes from the first charter series. Only the original series $1 bill is more available. Some banks exclusively issued five dollar bills. So if you want an example from one of those banks then you don’t have many options. These notes have a rounded red seal and red serial numbers. They also all have a red charter number.
Series of 1875 $5 National Bank Note

The Hide & Leather National Bank Of Chicago printed 10,916 sheets of $10 series of 1875 national bank notes. That is a high issue number for a national bank. You are likely not dealing with a rare bank note. However, the exact value is still based on condition and a number of other factors. You might be surprised at the value. The two vignettes seen on 1875 $10 bank notes are “Franklin and Electricity” and “America Seizing Lightning”. These notes occasionally confuse novices because the year 1752 is printed on them. That is when Benjamin Franklin discovered electricity. It has nothing to do with when these bank notes were issued. The back of each $10 bill has “DeSoto Discovering the Mississippi.”
Series of 1875 $10 National Bank Note

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