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Old Money from The First National Bank Of De Kalb | 8449

The First National Bank Of De Kalb

The First National Bank Of De Kalb in Texas printed $11,640 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 1906 and stopped printing money in 1909, which equals a 4 year printing period. That means that money from this bank was not entering circulation very often. During its life, The First National Bank Of De Kalb issued 1 single type and denomination 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 First National Bank Of De Kalb was located in Bowie County. It was assigned charter number 8449.

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The First National Bank Of De Kalb in Texas printed 291 sheets of $10 1902 red seal national bank notes. All red seals are very rare. But that sheet output is extremely low. We would love to see a picture of what you have. Collectors love ten dollar 1902 red seals. They usually represent the rarest bank notes printed by any national bank. Don’t let the term “series of 1902” confuse you. These were actually printed for about six years between 1902 and 1908. That is obviously a very short issue period which means that many red seals are quite rare. Each note has a portrait of William McKinley. Be sure to check the number under McKinley. If it is #1 then you are dealing with a note from the first sheet of bank notes issued. Number one bank notes are worth even more money than the already rare red seals.
1902 $10 Red Seal National Bank Note

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