The New Harmony National Bank Of New Harmony
The New Harmony National Bank Of New Harmony in Indiana printed $92,500 dollars worth of national currency. A production number that low doesn’t save room for many survivors. Currency from this bank will be rare. 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 New Harmony National Bank Of New Harmony 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 New Harmony National Bank Of New Harmony was located in Posey County. It was assigned charter number 13542.
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The New Harmony National Bank Of New Harmony in Indiana printed 824 sheets of Type1 1929 $5 national bank notes. This is a small print range, but it does not guarantee rarity. 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 New Harmony National Bank Of New Harmony printed 418 sheets of Type1 1929 $10 national bank notes. That may sound like a very small number, and it is. However, when it comes to small size notes, that print range usually allows for a handful of survivors. Each $10 bill from 1929 has a portrait of Alexander Hamilton on it. The black number written vertically is the charter number. The charter number never affects the value; it is just an identifier. The ten dollar type1 national bank note happens to be the single most common national bank note, with over 65,000 known to exist from all banks. Of course each note is valued based on its condition and rarity. Some are very rare.
Series of 1929 Type1 $10 National Bank Note
The New Harmony National Bank Of New Harmony also printed 4,244 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 New Harmony National Bank Of New Harmony also printed 2,148 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