Old Money from The American National Bank Of Pittsburgh | 7581

The American National Bank Of Pittsburgh

The American National Bank Of Pittsburgh in Pennsylvania printed $716,550 dollars worth of national currency. That is a high amount, but condition and serial numbers can make otherwise common currency from this bank quite valuable. This national bank opened in 1905 and stopped printing money in 1934, which equals a 30 year printing period. That is a fairly normal lifespan for a national bank. During its life, The American National Bank Of Pittsburgh issued 3 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 American National Bank Of Pittsburgh was located in Allegheny County. It was assigned charter number 7581.

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The American National Bank Of Pittsburgh in Pennsylvania printed 13,995 sheets of $5 1902 red seal national bank notes. Very few national banks printed more than 10,000 red seal sheets. Five dollar red seals are typically a little bit rarer than some higher denominations. That rarity is typically just a result of small issuances. Most national banks preferred to issue $10 and $20 1902 red seals. Each one of these five dollar bank notes has a portrait of Ben Harrison on the left hand side of the bill. Most people are quick to notice the cursive charter date with a year between 1902 and 1908 written on it. That date will never affect the value.
1902 $5 Red Seal National Bank Note

The American National Bank Of Pittsburgh printed 8,733 sheets of $10 1902 blue seal national bank notes. That is a fairly standard sheet output for a national bank issuing blue seals. You likely aren’t dealing with a super common or a super rare bank note. 1902 $10 blue seal bank notes all have a portrait of William McKinley on them. Values can range from as little as $40 up to over $10,000. There really is no trick to know what is rare and what is common by just doing an internet search. You really need to work with an expert (like us) in order to determine the value of your specific bank note. There are at least ten different factors than can make some 1902 $10 blue seals worth more than others. We know exactly what to look for and we would be happy to provide a free appraisal and our best offer.
1902 $10 Blue Seal National Bank Note

The American National Bank Of Pittsburgh also printed 8,733 sheets of $20 1902 blue seal national bank notes. The same rarity rules for 1902 $10 blue seals also apply to $20 blue seals. Just remember that $20 bills are by nature three times rarer (unfortunately they don’t command a premium over other denominations). Hugh McCulloch is pictured on the front of each bill. Contact us if you need pricing help.
1902 $20 Blue Seal National Bank Note

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