Old Money from The First National Bank Of Cannon Falls | 2387
The First National Bank Of Cannon Falls
The First National Bank Of Cannon Falls in Minnesota printed $50,800 dollars worth of national currency. A production number that low doesn’t save room for many survivors. Currency from this bank will be rare. This national bank opened in 1878 and stopped printing money in 1881, which equals a 4 year printing period. That means that money from this bank was not entering circulation very often. During its life, The First National Bank Of Cannon Falls issued 1 single type and denomination 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 Cannon Falls was located in Goodhue County. It was assigned charter number 2387.
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The First National Bank Of Cannon Falls in Minnesota issued 2,540 sheets of $5 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. 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