Old Money from The Commercial National Bank Of Reading | 2473

The Commercial National Bank Of Reading

The Commercial National Bank Of Reading in Pennsylvania printed $163,900 dollars worth of national currency. That is a small output. National bank notes from here should be scarce. This national bank opened in 1880 and stopped printing money in 1883, which equals a 4 year printing period. That means that money from this bank was not entering circulation very often. During its life, The Commercial National Bank Of Reading 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 Commercial National Bank Of Reading was located in Berks County. It was assigned charter number 2473.

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The Commercial National Bank Of Reading in Pennsylvania issued 3,278 sheets of $10 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. The two vignettes seen on 1875 $10 bank notes are “Franklin and Electricity” and “America Seizing Lightning”. These notes occasionally confuse novices because the year 1752 is printed on them. That is when Benjamin Franklin discovered electricity. It has nothing to do with when these bank notes were issued. The back of each $10 bill has “DeSoto Discovering the Mississippi.”
Series of 1875 $10 National Bank Note

The Commercial National Bank Of Reading printed 3,278 sheets of $20 series of 1875 national bank notes. The exact number of series of 1875 $20 national bank notes printed by this bank is good to know. Don’t expect a high number to lower the value or a small number to increase the value. These notes are scarce enough on their own that the stats don’t really matter. Twenty dollars was a lot of money between 1875 and 1901, which is the time period in which these were printed. These just weren’t saved in high numbers.
Series of 1875 $20 National Bank Note

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