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Old Money from The Muskegon National Bank Of Muskegon | 1730

The Muskegon National Bank Of Muskegon

The Muskegon National Bank Of Muskegon in Michigan printed $295,280 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 1870 and stopped printing money in 1890, which equals a 21 year printing period. That is a fairly normal lifespan for a national bank. During its life, The Muskegon National Bank Of Muskegon 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 Muskegon National Bank Of Muskegon was located in Muskegon County. It was assigned charter number 1730.

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The Muskegon National Bank Of Muskegon in Michigan issued 2,250 sheets of $5 original series national bank notes. A print range between 1,000 and 2,500 is small. Combine that with something that was printed before 1875 and you can imagine that these notes are few and far between. Each five dollar original series bank note has a spiked red seal. That is pretty much the only design difference between it and later issues. These are really beautiful notes. One neat thing about these is that the back of each note has a vignette of the corresponding state seal. Some of the state seals are very imaginative. Collecting by state seal was very popular early on in the hobby. Today most collectors are more concerned about bank of issue and condition. Serial number one bank notes are also extremely popular.
Original Series $5 National Bank Note

The Muskegon National Bank Of Muskegon printed 2,500 sheets of $10 original series national bank notes. It is actually pretty standard for an early national bank to have a sheet output range between 2,500 and 5,000. The exact value of a bill is still going to be based on the number of notes known and the condition of each bank note. These notes were issued during the glory days of the national bank note era. Each $10 bill was pen signed by the president and cashier of the bank. Small towns and large cities both issued these notes. Of course the small town issuers tend to be scarcer today. Prices range from $500 to thousands of dollars (and more if the condition and rarity warrant it). Contact us if you need help valuing your bank note.
Original Series $10 National Bank Note

The Muskegon National Bank Of Muskegon also printed 2,488 sheets of $5 series of 1875 national bank notes. Any time you see a print range between 1,000 and 2,500 you can assume that the bank was small and that their notes could be fairly scarce. Series of 1875 $5 bills are some of the most commonly encountered bank notes from the first charter series. Only the original series $1 bill is more available. Some banks exclusively issued five dollar bills. So if you want an example from one of those banks then you don’t have many options. These notes have a rounded red seal and red serial numbers. They also all have a red charter number.
Series of 1875 $5 National Bank Note

The Muskegon National Bank Of Muskegon also printed 2,513 sheets of $10 series of 1875 national bank notes. Hundreds of banks had sheet outputs between 2,500 and 5,000. That is pretty typical for a medium sized national bank in the 1870s. The two vignettes seen on 1875 $10 bank notes are “Franklin and Electricity” and “America Seizing Lightning”. These notes occasionally confuse novices because the year 1752 is printed on them. That is when Benjamin Franklin discovered electricity. It has nothing to do with when these bank notes were issued. The back of each $10 bill has “DeSoto Discovering the Mississippi.”
Series of 1875 $10 National Bank Note

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