The First National Bank Of Waddams Grove
The First National Bank Of Waddams Grove in Illinois printed $54,080 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 1920 and stopped printing money in 1923, which equals a 4 year printing period. That means that money from this bank was not entering circulation very often. During its life, The First National Bank Of Waddams Grove issued 1 single type and denomination 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 Waddams Grove was located in Stephenson County. It was assigned charter number 11675.
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The First National Bank Of Waddams Grove in Illinois issued 2,704 sheets of $5 1902 blue seal national bank notes. Many small national banks could be in business for years and only print between 2,500 and 5,000 sheets of blue seals. Ben Harrison is on the front of all 1902 $5 blue seal bank notes. This happens to be the smallest denomination issued for the 1902 series. Each note is complete with a blue seal and blue charter number. Despite saying series of 1902, these were actually issued by national banks between 1908 and 1928. There are two different types of blue seals. The first type is called a date back and it has “1902-1908” written on the back of the bill. The other type is called a plain back; it does not have the date stamps on the back of the bill. The values for these notes range widely based on condition and the bank of issue.
1902 $5 Blue Seal National Bank Note