The Traders National Bank Of Lowell
The Traders National Bank Of Lowell in Massachusetts printed $2,222,940 dollars worth of national currency. Over $1,000,000 face value is a lot of money. However, some types and denominations of currency from this bank could still be rare. This national bank opened in 1892 and stopped printing money in 1913, which equals a 22 year printing period. That is a fairly normal lifespan for a national bank. During its life, The Traders National Bank Of Lowell 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 Traders National Bank Of Lowell was located in Middlesex County. It was assigned charter number 4753.
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The Traders National Bank Of Lowell in Massachusetts printed 21,300 sheets of $5 1882 brown back national bank notes. When we start talking about a printing number in the five figure range, then you are likely not dealing with a great rarity. However, the note could certainly still be popular and valuable. You can take the total number of sheets printed and multiply that number by four to get the exact number of 1882 $5 brown back bank notes this bank issued. Each note has a portrait of James Garfield on the left hand side of the bill. These are very popular with collectors because they have different text layouts. Some notes are worth as little as a few hundred dollars, but most are worth a good deal more.
Series of 1882 $5 Brown Back
The Traders National Bank Of Lowell printed 20,240 sheets of $10 1882 brown back national bank notes. When we start talking about a printing number in the five figure range, then you are likely not dealing with a great rarity. However, the note could certainly still be popular and valuable. There were three $10 bills printed on a single sheet of 1882 brown backs. The design of the bill is similar to all earlier ten dollar national bank notes. The nickname comes from the fact that these bills have a brown seal and brown overprint. Despite saying series of 1882, these were actually printed by some banks up until 1908. The date you see in cursive relates to when the bank first started issuing brown back notes.
Series of 1882 $10 Brown Back
The Traders National Bank Of Lowell also printed 20,240 sheets of $20 1882 brown back national bank notes. Due to the way brown back sheets were printed we know that the sheet output number equals the number of $20 brown backs printed. When we see a number over 10,000 there is a good chance that the note isn’t going to be especially rare. However, it never hurts to ask. One neat thing about all brown backs is that they each have a different back design based on which state issued them. The back left hand side of the note shows the state seal of which ever state the national bank was located in. Generally speaking, 1882 $20 brown backs are pretty difficult to locate. They typically were printed in small numbers and they don’t have a great survival rate.
Series of 1882 $20 Brown Back
The Traders National Bank Of Lowell also printed 20,240 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 Traders National Bank Of Lowell also printed 847 sheets of $100 1882 brown back national bank notes. High denomination $50 and $100 brown backs were printed on the same sheet. So the number of sheets printed also equals the number bills printed for each denomination. You can see that $100 brown backs are extremely scarce on this bank. 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 Traders National Bank Of Lowell also printed 2,225 sheets of $5 1902 blue seal national bank notes. Most banks that printed such a small number of blue seal bank notes fall into the rare bank category. Ben Harrison is on the front of all 1902 $5 blue seal bank notes. This happens to be the smallest denomination issued for the 1902 series. Each note is complete with a blue seal and blue charter number. Despite saying series of 1902, these were actually issued by national banks between 1908 and 1928. There are two different types of blue seals. The first type is called a date back and it has “1902-1908” written on the back of the bill. The other type is called a plain back; it does not have the date stamps on the back of the bill. The values for these notes range widely based on condition and the bank of issue.
1902 $5 Blue Seal National Bank Note
The Traders National Bank Of Lowell also printed 2,494 sheets of $10 1902 blue seal national bank notes. Most banks that printed such a small number of blue seal bank notes fall into the rare bank category. 1902 $10 blue seal bank notes all have a portrait of William McKinley on them. Values can range from as little as $40 up to over $10,000. There really is no trick to know what is rare and what is common by just doing an internet search. You really need to work with an expert (like us) in order to determine the value of your specific bank note. There are at least ten different factors than can make some 1902 $10 blue seals worth more than others. We know exactly what to look for and we would be happy to provide a free appraisal and our best offer.
1902 $10 Blue Seal National Bank Note
The Traders National Bank Of Lowell also printed 2,494 sheets of $20 1902 blue seal national bank notes. The same rarity rules for 1902 $10 blue seals also apply to $20 blue seals. Just remember that $20 bills are by nature three times rarer (unfortunately they don’t command a premium over other denominations). Hugh McCulloch is pictured on the front of each bill. Contact us if you need pricing help.
1902 $20 Blue Seal National Bank Note
