Old Money from The First National Bank Of Tower | 3924

The First National Bank Of Tower

The First National Bank Of Tower in Minnesota printed $29,350 dollars worth of national currency. In the scheme of things, that is a very tiny output. Notes from this bank should be rare. This national bank opened in 1888 and stopped printing money in 1895, which equals a 8 year printing period. That is obviously a very short period of time. During its life, The First National Bank Of Tower issued 2 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 Tower was located in Saint Louis County. It was assigned charter number 3924.

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The First National Bank Of Tower in Minnesota printed 587 sheets of $5 1882 brown back national bank notes. Very few national banks issued such a small number of 1882 brown backs. 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 First National Bank Of Tower printed 587 sheets of $10 1882 brown back national bank notes. Very few national banks issued such a small number of 1882 brown backs. 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

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