Old Money from The First National Bank Of Red Cloud | 2811
The First National Bank Of Red Cloud
The First National Bank Of Red Cloud in Nebraska printed $52,000 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 1882 and stopped printing money in 1891, which equals a 10 year printing period. That is actually quite brief in terms of bank existence. During its life, The First National Bank Of Red Cloud 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 Red Cloud was located in Webster County. It was assigned charter number 2811.
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The First National Bank Of Red Cloud in Nebraska printed 2,600 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