Old Money from The Utah National Bank Of Ogden | 2880
The Utah National Bank Of Ogden
The Utah National Bank Of Ogden in Utah printed $2,078,200 dollars worth of national currency. Over $1,000,000 face value is a lot of money. However, some types and denominations of currency from this bank could still be rare. This national bank opened in 1883 and stopped printing money in 1922, which equals a 40 year printing period. That is a fairly normal lifespan for a national bank. During its life, The Utah National Bank Of Ogden issued 8 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 Utah National Bank Of Ogden was located in Weber County. It was assigned charter number 2880.
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The Utah National Bank Of Ogden in Utah printed 1,180 sheets of $10 series of 1875 territorial national bank notes. A total sheet output in the lows 1,000s is a great sign that you own a very rare bank note. Thirty-two different banks printed series of 1875 $10 territorial bank notes. There is a nice mix of notes from states like North Dakota and some Western states as well. Prices for these range from high four figures to low five figures. Of course condition, bank, or serial number rarities could command more money. This is often the first type of bank note issued by pioneer banks in very remote areas. The survival number currently stands at 16 examples, but we usually handle a new discovery at least once a year, so that number is slowly rising, but this will never been a common bank note.
Series of 1875 $10 Territorial National Bank Note
The Utah National Bank Of Ogden printed 1,180 sheets of $20 series of 1875 territorial national bank notes. Don’t get too caught up on the number of sheets printed. Twenty dollar series of 1875 territorial bank notes are very rare. They were only printed by 28 banks and only six unique notes are known to exist to collectors. This is the rarest denomination (below $50) for first charter territorials.
Series of 1875 $20 Territorial National Bank Note
The Utah National Bank Of Ogden also printed 1,207 sheets of $10 1882 brown back national bank notes. That sheet output number is small. Don’t expect too many of these to be available to collectors. There were three $10 bills printed on a single sheet of 1882 brown backs. The design of the bill is similar to all earlier ten dollar national bank notes. The nickname comes from the fact that these bills have a brown seal and brown overprint. Despite saying series of 1882, these were actually printed by some banks up until 1908. The date you see in cursive relates to when the bank first started issuing brown back notes.
Series of 1882 $10 Brown Back
The Utah National Bank Of Ogden also printed 1,207 sheets of $20 1882 brown back national bank notes. As you can see, the sheet output is the same for $20 brown backs as it is for $10 brown backs. There was only one $20 brown back printed on a sheet. So the sheet output also equals the total note output. One neat thing about all brown backs is that they each have a different back design based on which state issued them. The back left hand side of the note shows the state seal of which ever state the national bank was located in. Generally speaking, 1882 $20 brown backs are pretty difficult to locate. They typically were printed in small numbers and they don’t have a great survival rate.
Series of 1882 $20 Brown Back
The Utah National Bank Of Ogden also printed 2,750 sheets of $10 1902 red seal national bank notes. That may sound like a high number. However, red seals did not survive in large numbers. It is likely still quite rare. 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
The Utah National Bank Of Ogden also printed 2,750 sheets of $20 1902 red seal national bank notes. Twenty dollar red seal bank notes have poor survival rates. They don’t command premiums compared to the ten dollar denomination, but they are definitely rarer. All 1902 red seals were printed on four note sheets. There were three ten dollar bills and one twenty dollar bill per sheet. The 1902 $20 notes have a portrait of Hugh McCulloch on them. The charter number and seal are both printed in red ink. The serial numbers have a slight blue tint to them. The charter number is printed around the border of the note several times. The bank’s title is right in the middle of the note and the state of issue is printed just below the title. Remember that all national bank notes are valued based on their condition and rarity. The same rule applies to 1902 $20 red seals.
1902 $20 Red Seal National Bank Note
The Utah National Bank Of Ogden also printed 35,207 sheets of $10 1902 blue seal national bank notes. Once a bank prints more than 10,000 sheets of blue seals it becomes very difficult for those notes to be rare. 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 Utah National Bank Of Ogden also printed 35,207 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