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Old Money from The Peoples National Bank Of Somerset | 13900

The Peoples National Bank Of Somerset

The Peoples National Bank Of Somerset in Pennsylvania printed $27,890 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 1933 and stopped printing money in 1935, which equals a 3 year printing period. That means that money from this bank was not entering circulation very often. During its life, The Peoples National Bank Of Somerset 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 Peoples National Bank Of Somerset was located in Somerset County. It was assigned charter number 13900.

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The Peoples National Bank Of Somerset in Pennsylvania issued 2,414 individual notes from the type2 1929 $5 national bank note series. That may seem like a high number, but remember that is total notes printed for the denomination, not sheets printed. 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 Peoples National Bank Of Somerset printed 1,200 individual notes from the type2 1929 $10 national bank note series. That may seem like a high number, but remember that is total notes printed for the denomination, not sheets printed. 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 Peoples National Bank Of Somerset also printed 191 individual notes from the type2 1929 $20 national bank note series. Type2 1929 national bank notes are already rare to begin with. A printing of less than 1,000 is especially low. 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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