Old Money from The Second National Bank Watertown | 671
The Second National Bank Watertown
The Second National Bank Watertown in New York printed $90,000 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 1864 and stopped printing money in 1868, which equals a 5 year printing period. That is obviously a very short period of time. During its life, The Second National Bank Watertown 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 Second National Bank Watertown was located in Jefferson County. It was assigned charter number 671.
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The Second National Bank Watertown in New York issued 1,800 sheets of $10 original series national bank notes. A print range between 1,000 and 2,500 is small. Combine that with something that was printed before 1875 and you can imagine that these notes are few and far between. These notes were issued during the glory days of the national bank note era. Each $10 bill was pen signed by the president and cashier of the bank. Small towns and large cities both issued these notes. Of course the small town issuers tend to be scarcer today. Prices range from $500 to thousands of dollars (and more if the condition and rarity warrant it). Contact us if you need help valuing your bank note.
Original Series $10 National Bank Note
The Second National Bank Watertown printed 1,800 sheets of $20 original series national bank notes. That issue number may or may not sound like a lot of sheets depending on your experience with collectible currency. However, all original series $20 bills are rare. The production amount is irrelevant when it comes to values. These seem like common issues until you want to buy one. These just aren’t readily available from rare banks in very fine or better condition. We definitely feel like these are undervalued in today’s market.
Original Series $20 National Bank Note