Old Money from The Hobart National Bank Of Hobart | 5915
The Hobart National Bank Of Hobart
The Hobart National Bank Of Hobart in Oklahoma printed $44,250 dollars worth of national currency. In the scheme of things, that is a very tiny output. Notes from this bank should be rare. This national bank opened in 1901 and stopped printing money in 1909, which equals a 9 year printing period. That is obviously a very short period of time. During its life, The Hobart National Bank Of Hobart issued 6 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 Hobart National Bank Of Hobart was located in Kiowa County. It was assigned charter number 5915.
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The Hobart National Bank Of Hobart in Oklahoma issued 140 sheets of $50 1882 territorial brown back 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. The $50 1882 territorial brown back is a great rarity. Only two are known to exist. You have to remember that $50 was a large sum of money during the time these were originally printed, which started in 1882 and lasted until 1908 (on very rare occasions). People could save a coin or maybe even a five dollar bill as a curiosity item or a keepsake. No one really wanted to tie up $50 for the foreseeable future. There was no collectible paper currency market until the 1950s. So even if you had something like this sixty years after it was originally printed, it was still just worth the face value of $50. Of course that has all changed today. These are now great rarities appreciated by the collecting hobby.
Series of 1882 $50 Territorial Brown Back
The Hobart National Bank Of Hobart printed 140 sheets of $100 1882 territorial brown back national bank notes. That is the same output for individual $50 bills. Most regular issue $100 brown backs are worth around $5,000. However, we are talking about territorial $100 brown backs. These are much rarer. In fact, they were only printed by a total of 25 different national banks and only about ten are known to exist! So needless to say, these are quite rare. This high denomination was printed by all of the usual territories you expect to see: Montana, Washington, Arizona, Hawaii, North Dakota, New Mexico, Oklahoma, South Dakota, and Utah. The notes that are known to exist are split between Oklahoma, Utah, and New Mexico. So if you have a new state, then that will certainly be in demand.
Series of 1882 $100 Territorial Brown Back
The Hobart National Bank Of Hobart also printed 140 sheets of $50 1882 brown back national bank notes. Fifty dollar 1882 brown backs are few and far between. When the print number is under 1,000 like this bank then there is a great chance that you have a very rare bank note. The most common 1882 $50 brown backs are worth about $5,000. However, some can be worth more than $10,000 based on condition, serial number, and bank of issue.
Series of 1882 $50 Brown Back
The Hobart National Bank Of Hobart also printed 140 sheets of $100 1882 brown back national bank notes. High denomination $50 and $100 brown backs were printed on the same sheet. So the number of sheets printed also equals the number bills printed for each denomination. You can see that $100 brown backs are extremely scarce on this bank. We are very interested in purchasing $100 1882 brown back national bank notes. We have paid more than $15,000 for some examples. Send us pictures of what you have and we will respond quickly with an appraisal and offer.
Series of 1882 $100 Brown Back
The Hobart National Bank Of Hobart also printed 15 sheets of $50 1882 blue seal national bank notes. High denomination 1882 blue seals like this are not frequently encountered, regardless of the number of notes printed. There is a big difference between the two types of 1882 $50 blue seals. The variety that says “1882-1908” on the back is rare, but no where near as rare at the type that says “Fifty Dollars.” The second variety is extremely rare and only about a half dozen are known to exist. The first type should still be worth at least $4,000. The second type is a five figure rarity though.
1882 Blue Seal $50 National Bank Note
The Hobart National Bank Of Hobart also printed 15 sheets of $100 1882 blue seal national bank notes. The number of sheets printed doesn’t matter too much here. All 1882 $100 blue seals are rare. They were issued by a total of 256 total national banks in the country. The rare 1882 value backs were only printed by banks in Dayton, Ohio and New Orleans, Louisiana. The slightly more common date backs are much more plentiful but still rare in the scheme of things.
1882 Blue Seal $100 National Bank Note