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Old Money from The First National Bank Of Leger | 6113

The First National Bank Of Leger

The First National Bank Of Leger in Oklahoma printed $325,460 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 1902 and stopped printing money in 1930, which equals a 29 year printing period. That is a fairly normal lifespan for a national bank. During its life, The First National Bank Of Leger 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 Leger was located in Jackson County. It was assigned charter number 6113.

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The First National Bank Of Leger in Oklahoma printed 209 sheets of $10 1902 territorial blue seal national bank notes. That is a remarkably small number. Any note known to exist from a print run like that would be a true statistical miracle of survival. Common isn’t the right word, but the ten dollar bill is the most “available” denomination of 1902 blue seal territorial notes. There are currently around 30 1902 $10 blue seals known to exist from all territories. You can take the number of sheets printed for this bank, and multiply that by three to get the exact number of $10 notes printed for this type. Each note of course has the portrait of William McKinley on the left hand side. The charter number and overprint are both in blue ink. The number below McKinley is the serial number as it relates to the bank (and it is usually very low). The serial number in the upper right is the treasury serial number which is normally about six digits long. Typically when collectors hear territorial blue seal we think about New Mexico and Arizona. Both of those states printed such notes until each became a state in 1912. However, we also have to remember that all blue seals printed by Hawaii, Alaska, and Porto Rico fit the bill as well since all of their issues were of course issued before statehood.
1902 $10 Blue Seal Territorial National Bank Note

The First National Bank Of Leger printed 209 sheets of $20 1902 territorial blue seal national bank notes. As is the case with all large size twenty dollar national bank notes, the number of sheets printed is the same as the number of individual notes printed. Right now there are about a dozen 1902 $20 territorial blue seals known to exist from all banks in the country. That is not many to go around, but this is still a small hobby. Most collectors who need one probably have one. However, there is still room for these to be very valuable based on their serial number and condition. Just like non-territorials, these also have a picture of Hugh McCulloch on the front of them. These are still good for the face value of $20 today; we definitely don’t recommend spending them though.
1902 $20 Blue Seal Territorial National Bank Note

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