Old Money from The Merchants National Bank Of Duluth | 3453
The Merchants National Bank Of Duluth
The Merchants National Bank Of Duluth in Minnesota printed $65,480 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 1886 and stopped printing money in 1889, which equals a 4 year printing period. That means that money from this bank was not entering circulation very often. During its life, The Merchants National Bank Of Duluth 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 Merchants National Bank Of Duluth was located in Saint Louis County. It was assigned charter number 3453.
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The Merchants National Bank Of Duluth in Minnesota printed 3,274 sheets of $5 1882 brown back national bank notes. That it is not an exceptionally low number of sheets. However, you have to remember that we are talking about bank notes printed before 1902. Even a large print number could have a very low survival rate. 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