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Old Money from The Knoxville – Citizens National Bank & TC Of Knoxville | 12849

The Knoxville – Citizens National Bank & TC Of Knoxville

The Knoxville – Citizens National Bank & TC Of Knoxville in Iowa printed $50,160 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 1925 and stopped printing money in 1935, which equals a 11 year printing period. That is actually quite brief in terms of bank existence. During its life, The Knoxville – Citizens National Bank & TC Of Knoxville 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 Knoxville – Citizens National Bank & TC Of Knoxville was located in Marion County. It was assigned charter number 12849.

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The Knoxville – Citizens National Bank & TC Of Knoxville in Iowa issued 586 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 Knoxville – Citizens National Bank & TC Of Knoxville printed 125 sheets of Type1 1929 $20 national bank notes. That is an extremely small sheet printing number. Survivors are still likely but definitely not guaranteed. 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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