Old Money from The First National Bank Of Lorain | 2625
The First National Bank Of Lorain
The First National Bank Of Lorain in Ohio printed $93,800 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 1882 and stopped printing money in 1893, which equals a 12 year printing period. That is actually quite brief in terms of bank existence. During its life, The First National Bank Of Lorain 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 First National Bank Of Lorain was located in Lorain County. It was assigned charter number 2625.
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The First National Bank Of Lorain in Ohio printed 4,690 sheets of $5 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. 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