Old Money from The First National Bank Of Johnstown | 2418

The First National Bank Of Johnstown

The First National Bank Of Johnstown in New York printed $287,120 dollars worth of national currency. That is a pretty standard output. However, some types of currency from this bank could still be rare. This national bank opened in 1879 and stopped printing money in 1889, which equals a 11 year printing period. That is actually quite brief in terms of bank existence. During its life, The First National Bank Of Johnstown 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 First National Bank Of Johnstown was located in Fulton County. It was assigned charter number 2418.

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The First National Bank Of Johnstown in New York issued 6,666 sheets of $5 series of 1875 national bank notes. A print range between 5,000 and 10,000 is a pretty high number. But you have to remember we are talking about bank notes from the 1870s and 1880s. Even banks with high issue numbers could be rare today. Series of 1875 $5 bills are some of the most commonly encountered bank notes from the first charter series. Only the original series $1 bill is more available. Some banks exclusively issued five dollar bills. So if you want an example from one of those banks then you don’t have many options. These notes have a rounded red seal and red serial numbers. They also all have a red charter number.
Series of 1875 $5 National Bank Note

The First National Bank Of Johnstown printed 3,845 sheets of $10 series of 1875 national bank notes. Hundreds of banks had sheet outputs between 2,500 and 5,000. That is pretty typical for a medium sized national bank in the 1870s. The two vignettes seen on 1875 $10 bank notes are “Franklin and Electricity” and “America Seizing Lightning”. These notes occasionally confuse novices because the year 1752 is printed on them. That is when Benjamin Franklin discovered electricity. It has nothing to do with when these bank notes were issued. The back of each $10 bill has “DeSoto Discovering the Mississippi.”
Series of 1875 $10 National Bank Note

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