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Old Money from The Peoples National Bank & TC Of Belleville | 12019

The Peoples National Bank & TC Of Belleville

The Peoples National Bank & TC Of Belleville in New Jersey printed $1,854,540 dollars worth of national currency. Over $1,000,000 face value is a lot of money. However, some types and denominations of currency from this bank could still be rare. This national bank opened in 1921 and stopped printing money in 1935, which equals a 15 year printing period. That is actually quite brief in terms of bank existence. During its life, The Peoples National Bank & TC Of Belleville issued 3 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 Peoples National Bank & TC Of Belleville was located in Essex County. It was assigned charter number 12019.

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The Peoples National Bank & TC Of Belleville in New Jersey issued 33,107 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 Peoples National Bank & TC Of Belleville printed 29,852 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

The Peoples National Bank & TC Of Belleville also printed 59,368 individual notes from the type2 1929 $10 national bank note series. That is a high printing total. Don’t expect much rarity here, but condition factors can always make common items more valuable. The easiest way to spot the difference between type1 1929 $10 bills and 1929 type2 $10 bills is in the serial number. Type2 notes have a serial number that ends with a number. 1929 type1 notes have a serial number that ends with the letter A. Generally speaking, these $10 bills are rarer than the earlier type1 issues. However, most collectors don’t pay more for that rarity because they look basically the same.
Series of 1929 Type2 $10 National Bank Note

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