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Old Money from The Wellston National Bank Of Wellston | 12078

The Wellston National Bank Of Wellston

The Wellston National Bank Of Wellston in Oklahoma printed $23,040 dollars worth of national currency. Very few banks in the country issued less than $25,000 face value of national bank notes. Currency from this bank should be very rare. This national bank opened in 1921 and stopped printing money in 1935, which equals a 15 year printing period. That is actually quite brief in terms of bank existence. During its life, The Wellston National Bank Of Wellston 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 Wellston National Bank Of Wellston was located in Lincoln County. It was assigned charter number 12078.

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The Wellston National Bank Of Wellston in Oklahoma issued 246 sheets of Type1 1929 $10 national bank notes. That may sound like a very small number, and it is. However, when it comes to small size notes, that print range usually allows for a handful of survivors. Each $10 bill from 1929 has a portrait of Alexander Hamilton on it. The black number written vertically is the charter number. The charter number never affects the value; it is just an identifier. The ten dollar type1 national bank note happens to be the single most common national bank note, with over 65,000 known to exist from all banks. Of course each note is valued based on its condition and rarity. Some are very rare.
Series of 1929 Type1 $10 National Bank Note

The Wellston National Bank Of Wellston printed 69 sheets of Type1 1929 $20 national bank notes. That is an extremely small sheet printing number. Survivors are still likely but definitely not guaranteed. Andrew Jackson is featured on the front of each 1929 $20 bill. Be sure to take note of the serial number on your specific bank note. If it is 000001 then you can expect a nice premium. There is a special market for serial number one bank notes. Of course, even if the number isn’t #1, it could still be collectible and have a high value just based on its condition and rarity alone.
Series of 1929 Type1 $20 National Bank Note

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