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Old Money from The First National Bank Of Palouse City | 4186

The First National Bank Of Palouse City

The First National Bank Of Palouse City in Washington printed $34,900 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 1889 and stopped printing money in 1894, which equals a 6 year printing period. That is obviously a very short period of time. During its life, The First National Bank Of Palouse City 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 First National Bank Of Palouse City was located in Whitman County. It was assigned charter number 4186.

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The First National Bank Of Palouse City in Washington printed 698 sheets of $10 1882 brown back national bank notes. Very few national banks issued such a small number of 1882 brown backs. 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 First National Bank Of Palouse City printed 698 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

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