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Old Money from The Franklin National Bank Of Franklin | 13378

The Franklin National Bank Of Franklin

The Franklin National Bank Of Franklin in Indiana printed $75,600 dollars worth of national currency. A production number that low doesn’t save room for many survivors. Currency from this bank will be rare. This national bank opened in 1929 and stopped printing money in 1931, which equals a 3 year printing period. That means that money from this bank was not entering circulation very often. During its life, The Franklin National Bank Of Franklin 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 Franklin National Bank Of Franklin was located in Johnson County. It was assigned charter number 13378.

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The Franklin National Bank Of Franklin in Indiana printed 812 sheets of Type1 1929 $10 national bank notes. This is a small print range, but it does not guarantee rarity. Each $10 bill from 1929 has a portrait of Alexander Hamilton on it. The black number written vertically is the charter number. The charter number never affects the value; it is just an identifier. The ten dollar type1 national bank note happens to be the single most common national bank note, with over 65,000 known to exist from all banks. Of course each note is valued based on its condition and rarity. Some are very rare.
Series of 1929 Type1 $10 National Bank Note

The Franklin National Bank Of Franklin printed 224 sheets of Type1 1929 $20 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. Andrew Jackson is featured on the front of each 1929 $20 bill. Be sure to take note of the serial number on your specific bank note. If it is 000001 then you can expect a nice premium. There is a special market for serial number one bank notes. Of course, even if the number isn’t #1, it could still be collectible and have a high value just based on its condition and rarity alone.
Series of 1929 Type1 $20 National Bank Note

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