Old Money from The First National Bank Of Owenton | 2868
The First National Bank Of Owenton
The First National Bank Of Owenton in Kentucky printed $733,150 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 1883 and stopped printing money in 1934, which equals a 52 year printing period. That is considering a long operation period for a national bank. During its life, The First National Bank Of Owenton issued 8 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 Owenton was located in Owen County. It was assigned charter number 2868.
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The First National Bank Of Owenton in Kentucky issued 1,064 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 First National Bank Of Owenton printed 1,064 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 First National Bank Of Owenton also printed 303 sheets of $50 1902 red seal national bank notes. That is also the exact number of $50 red seals printed by this bank. Each sheet contained one $50 bill and one $100 bill. They are all extremely rare. The value for a generic circulated example is usually around $4,000. Most are worth more and some can be worth considerably more. John Sherman is pictured on each note. Otherwise it has the same markings you would expect to find on any 1902 red seal.
1902 $50 Red Seal National Bank Note
The First National Bank Of Owenton also printed 303 sheets of $100 1902 red seal national bank notes. As we said above, all high denomination 1902 red seals are extremely rare. The number of notes printed really doesn’t matter to collectors. 1902 $100 red seals are rare to the point that they are always in demand. Of course the standard valuation rules still apply. Condition and bank of issue are of paramount importance. We have paid over $12,000 for some of the rarest specimens.
1902 $100 Red Seal National Bank Note
The First National Bank Of Owenton also printed 1,606 sheets of $50 1902 blue seal national bank notes. There is no trick to knowing which 1902 blue seals will be common and rare. Often times the number printed won’t tell you much information. The value still comes down to condition and demand. That is a surprise to most people. In fact, most 1902 $50 bills we see are worth between $750 and $1,250. The rarer ones can be worth more than $5,000. However, there isn’t much middle ground.
1902 $50 Blue Seal National Bank Note
The First National Bank Of Owenton also printed 1,606 sheets of $100 1902 blue seal national bank notes. It is no coincidence that the sheet numbers for $50 bills and $100 bills are the same. They were printed on the same sheets. Most $100 blue seals are at least scarce; others can be very rare. John J Knox is printed on the front of each bill. Most collectors like the back design a lot more though. It is really unique and different from most other national bank notes. Prices for 1902 $100 blue seals are pretty similar to $50 blue seals. They are both equally common or equally rare, depending on how you look at it.
1902 $100 Blue Seal National Bank Note
The First National Bank Of Owenton also printed 174 individual notes from the type2 1929 $50 national bank note series. Type2 1929 national bank notes are already rare to begin with. A printing of less than 1,000 is especially low. Type2 fifty dollar national bank notes were only printed between 1933 and 1935. Obviously, that is a very short production window. Only 51 national banks in the country printed this type of bank note.
Series of 1929 Type2 $50 National Bank Note
The First National Bank Of Owenton also printed 49 individual notes from the type2 1929 $100 national bank note series. Type2 1929 national bank notes are already rare to begin with. A printing of less than 1,000 is especially low. Surprisingly, only 38 different national banks issued type2 $100 bills. Over 300 are known to exist from all banks in the country, so it isn’t exactly a traditional rarity, but it does have good stats. Just like every $100 bill printed since 1928, these notes also feature a portrait of Benjamin Franklin.
Series of 1929 Type2 $100 National Bank Note