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Old Money from The Logan National Bank Of & TC Of New Kensington | 13571

The Logan National Bank Of & TC Of New Kensington

The Logan National Bank Of & TC Of New Kensington in Pennsylvania printed $623,610 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 1931 and stopped printing money in 1935, which equals a 5 year printing period. That is obviously a very short period of time. During its life, The Logan National Bank Of & TC Of New Kensington issued 4 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 Logan National Bank Of & TC Of New Kensington was located in Westmoreland County. It was assigned charter number 13571.

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The Logan National Bank Of & TC Of New Kensington in Pennsylvania printed 6,047 sheets of Type1 1929 $5 national bank notes. Sadly, based on a number that high, there is basically no chance for these notes to be especially rare. Every 1929 $5 bill has a portrait of Abraham Lincoln on it. This is also the lowest denomination of small size national currency that any bank issued. All serial numbers end with the letter A and start with a letter between A and F. Remember that you can take the total number of sheets printed and multiply it by six get to the actual number of bank notes printed for this denomination. All small size national bank notes were printed on sheets of six.
Series of 1929 Type1 $5 National Bank Note

The Logan National Bank Of & TC Of New Kensington printed 31,416 individual notes from the type2 1929 $5 national bank note series. That is a high printing total. Don’t expect much rarity here, but condition factors can always make common items more valuable. This was an easy and popular denomination for national banks. Five dollars could buy a lot of different things back in 1929 and the early 1930s. 1929 type2 five dollar bank notes are available in quantities today. However, some notes can be extremely rare. The exact value all depends on the bank of issue and condition. Contact us and we would be happy to give a free appraisal.
Series of 1929 Type2 $5 National Bank Note

The Logan National Bank Of & TC Of New Kensington also printed 15,576 individual notes from the type2 1929 $10 national bank note series. This is a pretty typical print run for type2 national bank notes. Values will be across the board based on demand. The easiest way to spot the difference between type1 1929 $10 bills and 1929 type2 $10 bills is in the serial number. Type2 notes have a serial number that ends with a number. 1929 type1 notes have a serial number that ends with the letter A. Generally speaking, these $10 bills are rarer than the earlier type1 issues. However, most collectors don’t pay more for that rarity because they look basically the same.
Series of 1929 Type2 $10 National Bank Note

The Logan National Bank Of & TC Of New Kensington also printed 6,468 individual notes from the type2 1929 $20 national bank note series. This is a pretty typical print run for type2 national bank notes. Values will be across the board based on demand. One of the great things about 1929 type2 $20 national bank notes is that they really aren’t that old and some can be extremely rare. Until the big head $20 series started there really wasn’t much difference between something printed in 1929 and the same bill printed in 1993. We have bought some examples in the past few months that people just found in their change.
Series of 1929 Type2 $20 National Bank Note

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