Old Money from The Capital National Bank Of Indianapolis | 4158

The Capital National Bank Of Indianapolis

The Capital National Bank Of Indianapolis in Indiana printed $2,884,400 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 1889 and stopped printing money in 1912, which equals a 24 year printing period. That is a fairly normal lifespan for a national bank. During its life, The Capital National Bank Of Indianapolis issued 7 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 Capital National Bank Of Indianapolis was located in Marion County. It was assigned charter number 4158.

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The Capital National Bank Of Indianapolis in Indiana issued 16,500 sheets of $5 1882 brown back national bank notes. When we start talking about a printing number in the five figure range, then you are likely not dealing with a great rarity. However, the note could certainly still be popular and valuable. You can take the total number of sheets printed and multiply that number by four to get the exact number of 1882 $5 brown back bank notes this bank issued. Each note has a portrait of James Garfield on the left hand side of the bill. These are very popular with collectors because they have different text layouts. Some notes are worth as little as a few hundred dollars, but most are worth a good deal more.
Series of 1882 $5 Brown Back

The Capital National Bank Of Indianapolis printed 6,546 sheets of $50 1882 brown back national bank notes. Not many banks printed $50 1882 brown backs. Sheet outputs aren’t extremely important. However, it is good factual information to know. The most common 1882 $50 brown backs are worth about $5,000. However, some can be worth more than $10,000 based on condition, serial number, and bank of issue.
Series of 1882 $50 Brown Back

The Capital National Bank Of Indianapolis also printed 6,546 sheets of $100 1882 brown back national bank notes. Just because this bank printed more than 1,000 one hundred dollar brown backs does not mean that they are all common. We are very interested in purchasing $100 1882 brown back national bank notes. We have paid more than $15,000 for some examples. Send us pictures of what you have and we will respond quickly with an appraisal and offer.
Series of 1882 $100 Brown Back

The Capital National Bank Of Indianapolis also printed 5,800 sheets of $5 1882 blue seal national bank notes. That is a pretty standard sheet output number for these issues. Most of the value is going to be in the condition. 1882 $5 blue seal bank notes were issued by some national banks in The United States. While these are a somewhat rarer issue, they just aren’t especially popular with collectors. With exception of some minor differences, they look exactly like the earlier brown back series. Most collectors would prefer the brown back notes. With that said, some 1882 blue seals can still be worth thousands of dollars. So don’t just assume that what you have is automatically common.
1882 Blue Seal $5 National Bank Note

The Capital National Bank Of Indianapolis also printed 28,575 sheets of $5 1902 blue seal national bank notes. Once a bank prints more than 10,000 sheets of blue seals it becomes very difficult for those notes to be rare. Ben Harrison is on the front of all 1902 $5 blue seal bank notes. This happens to be the smallest denomination issued for the 1902 series. Each note is complete with a blue seal and blue charter number. Despite saying series of 1902, these were actually issued by national banks between 1908 and 1928. There are two different types of blue seals. The first type is called a date back and it has “1902-1908” written on the back of the bill. The other type is called a plain back; it does not have the date stamps on the back of the bill. The values for these notes range widely based on condition and the bank of issue.
1902 $5 Blue Seal National Bank Note

The Capital National Bank Of Indianapolis also printed 17,700 sheets of $10 1902 blue seal national bank notes. Once a bank prints more than 10,000 sheets of blue seals it becomes very difficult for those notes to be rare. 1902 $10 blue seal bank notes all have a portrait of William McKinley on them. Values can range from as little as $40 up to over $10,000. There really is no trick to know what is rare and what is common by just doing an internet search. You really need to work with an expert (like us) in order to determine the value of your specific bank note. There are at least ten different factors than can make some 1902 $10 blue seals worth more than others. We know exactly what to look for and we would be happy to provide a free appraisal and our best offer.
1902 $10 Blue Seal National Bank Note

The Capital National Bank Of Indianapolis also printed 17,700 sheets of $20 1902 blue seal national bank notes. The same rarity rules for 1902 $10 blue seals also apply to $20 blue seals. Just remember that $20 bills are by nature three times rarer (unfortunately they don’t command a premium over other denominations). Hugh McCulloch is pictured on the front of each bill. Contact us if you need pricing help.
1902 $20 Blue Seal National Bank Note

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