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Old Money from The Labor National Bank Of Newark | 12771

The Labor National Bank Of Newark

The Labor National Bank Of Newark in New Jersey printed $846,350 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 Labor National Bank Of Newark 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 Labor National Bank Of Newark was located in Essex County. It was assigned charter number 12771.

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The Labor National Bank Of Newark in New Jersey issued 3,835 sheets of $5 1902 blue seal national bank notes. Many small national banks could be in business for years and only print between 2,500 and 5,000 sheets of blue seals. 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

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