Old Money from The First National Bank Of Grayson | 12982
The First National Bank Of Grayson
The First National Bank Of Grayson in Kentucky printed $115,340 dollars worth of national currency. That is a small output. National bank notes from here should be scarce. This national bank opened in 1926 and stopped printing money in 1935, which equals a 10 year printing period. That is actually quite brief in terms of bank existence. During its life, The First National Bank Of Grayson 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 Of Grayson was located in Carter County. It was assigned charter number 12982.
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The First National Bank Of Grayson in Kentucky printed 1,224 sheets of Type1 1929 $5 national bank notes. That is a pretty typical sheet output for a national bank during the small size era. Every 1929 $5 bill has a portrait of Abraham Lincoln on it. This is also the lowest denomination of small size national currency that any bank issued. All serial numbers end with the letter A and start with a letter between A and F. Remember that you can take the total number of sheets printed and multiply it by six get to the actual number of bank notes printed for this denomination. All small size national bank notes were printed on sheets of six.
Series of 1929 Type1 $5 National Bank Note
The First National Bank Of Grayson printed 572 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 First National Bank Of Grayson also printed 4,300 individual notes from the type2 1929 $5 national bank note series. That may seem like a high number, but remember that is total notes printed for the denomination, not sheets printed. This was an easy and popular denomination for national banks. Five dollars could buy a lot of different things back in 1929 and the early 1930s. 1929 type2 five dollar bank notes are available in quantities today. However, some notes can be extremely rare. The exact value all depends on the bank of issue and condition. Contact us and we would be happy to give a free appraisal.
Series of 1929 Type2 $5 National Bank Note
The First National Bank Of Grayson also printed 2,280 individual notes from the type2 1929 $10 national bank note series. That may seem like a high number, but remember that is total notes printed for the denomination, not sheets printed. The easiest way to spot the difference between type1 1929 $10 bills and 1929 type2 $10 bills is in the serial number. Type2 notes have a serial number that ends with a number. 1929 type1 notes have a serial number that ends with the letter A. Generally speaking, these $10 bills are rarer than the earlier type1 issues. However, most collectors don’t pay more for that rarity because they look basically the same.
Series of 1929 Type2 $10 National Bank Note