Old Money from The Citizens National Bank Of Rahway | 12828
The Citizens National Bank Of Rahway
The Citizens National Bank Of Rahway in New Jersey printed $705,490 dollars worth of national currency. That is a high amount, but condition and serial numbers can make otherwise common currency from this bank quite valuable. This national bank opened in 1925 and stopped printing money in 1935, which equals a 11 year printing period. That is actually quite brief in terms of bank existence. During its life, The Citizens National Bank Of Rahway 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 Citizens National Bank Of Rahway was located in Union County. It was assigned charter number 12828.
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The Citizens National Bank Of Rahway in New Jersey printed 18,482 sheets of $5 1902 blue seal national bank notes. Once a bank prints more than 10,000 sheets of blue seals it becomes very difficult for those notes to be rare. Ben Harrison is on the front of all 1902 $5 blue seal bank notes. This happens to be the smallest denomination issued for the 1902 series. Each note is complete with a blue seal and blue charter number. Despite saying series of 1902, these were actually issued by national banks between 1908 and 1928. There are two different types of blue seals. The first type is called a date back and it has “1902-1908” written on the back of the bill. The other type is called a plain back; it does not have the date stamps on the back of the bill. The values for these notes range widely based on condition and the bank of issue.
1902 $5 Blue Seal National Bank Note
The Citizens National Bank Of Rahway printed 11,195 sheets of Type1 1929 $5 national bank notes. Sadly, based on a number that high, there is basically no chance for these notes to be especially rare. Every 1929 $5 bill has a portrait of Abraham Lincoln on it. This is also the lowest denomination of small size national currency that any bank issued. All serial numbers end with the letter A and start with a letter between A and F. Remember that you can take the total number of sheets printed and multiply it by six get to the actual number of bank notes printed for this denomination. All small size national bank notes were printed on sheets of six.
Series of 1929 Type1 $5 National Bank Note