Old Money from The Continental National Bank Of Memphis | 4307
The Continental National Bank Of Memphis
The Continental National Bank Of Memphis in Tennessee printed $126,100 dollars worth of national currency. That is a small output. National bank notes from here should be scarce. This national bank opened in 1890 and stopped printing money in 1899, which equals a 10 year printing period. That is actually quite brief in terms of bank existence. During its life, The Continental National Bank Of Memphis 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 Continental National Bank Of Memphis was located in Shelby County. It was assigned charter number 4307.
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The Continental National Bank Of Memphis in Tennessee issued 2,522 sheets of $10 1882 brown back national bank notes. That it is not an exceptionally low number of sheets. However, you have to remember that we are talking about bank notes printed before 1902. Even a large print number could have a very low survival rate. 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 Continental National Bank Of Memphis printed 2,522 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