Old Money from The Middlesex National Bank Of Lowell | 12343

The Middlesex National Bank Of Lowell

The Middlesex National Bank Of Lowell in Massachusetts printed $305,520 dollars worth of national currency. That is a pretty standard output. However, some types of currency from this bank could still be rare. This national bank opened in 1923 and stopped printing money in 1932, which equals a 10 year printing period. That is actually quite brief in terms of bank existence. During its life, The Middlesex National Bank Of Lowell issued 3 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 Middlesex National Bank Of Lowell was located in Middlesex County. It was assigned charter number 12343.

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The Middlesex National Bank Of Lowell in Massachusetts printed 4,434 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 Middlesex National Bank Of Lowell printed 1,733 sheets of Type1 1929 $10 national bank notes. That is a pretty typical sheet output for a national bank during the small size era. 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 Middlesex National Bank Of Lowell also printed 571 sheets of Type1 1929 $20 national bank notes. This is a small print range, but it does not guarantee rarity. 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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