The Rochester National Bank Of Rochester
The Rochester National Bank Of Rochester in Pennsylvania printed $24,150 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 1899 and stopped printing money in 1903, which equals a 5 year printing period. That is obviously a very short period of time. During its life, The Rochester National Bank Of Rochester 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 Rochester National Bank Of Rochester was located in Beaver County. It was assigned charter number 5170.
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The Rochester National Bank Of Rochester in Pennsylvania issued 161 sheets of $50 1902 red seal national bank notes. That is also the exact number of $50 red seals printed by this bank. Each sheet contained one $50 bill and one $100 bill. They are all extremely rare. The value for a generic circulated example is usually around $4,000. Most are worth more and some can be worth considerably more. John Sherman is pictured on each note. Otherwise it has the same markings you would expect to find on any 1902 red seal.
1902 $50 Red Seal National Bank Note
The Rochester National Bank Of Rochester printed 161 sheets of $100 1902 red seal national bank notes. As we said above, all high denomination 1902 red seals are extremely rare. The number of notes printed really doesn’t matter to collectors. 1902 $100 red seals are rare to the point that they are always in demand. Of course the standard valuation rules still apply. Condition and bank of issue are of paramount importance. We have paid over $12,000 for some of the rarest specimens.
1902 $100 Red Seal National Bank Note