The Carlsbad National Bank
The Carlsbad National Bank in New Mexico printed $72,160 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 1924 and stopped printing money in 1935, which equals a 12 year printing period. That is actually quite brief in terms of bank existence. During its life, The Carlsbad National Bank 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 Carlsbad National Bank was located in Eddy County. It was assigned charter number 12569.
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The Carlsbad National Bank in New Mexico printed 518 sheets of Type1 1929 $20 national bank notes. This is a small print range, but it does not guarantee rarity. Andrew Jackson is featured on the front of each 1929 $20 bill. Be sure to take note of the serial number on your specific bank note. If it is 000001 then you can expect a nice premium. There is a special market for serial number one bank notes. Of course, even if the number isn’t #1, it could still be collectible and have a high value just based on its condition and rarity alone.
Series of 1929 Type1 $20 National Bank Note
The Carlsbad National Bank printed 500 individual notes from the type2 1929 $20 national bank note series. Type2 1929 national bank notes are already rare to begin with. A printing of less than 1,000 is especially low. One of the great things about 1929 type2 $20 national bank notes is that they really aren’t that old and some can be extremely rare. Until the big head $20 series started there really wasn’t much difference between something printed in 1929 and the same bill printed in 1993. We have bought some examples in the past few months that people just found in their change.
Series of 1929 Type2 $20 National Bank Note
