The Shenandoah National Bank Of Shenandoah
The Shenandoah National Bank Of Shenandoah in Iowa printed $367,080 dollars worth of national currency. That is a pretty standard output. However, some types of currency from this bank could still be rare. This national bank opened in 1926 and stopped printing money in 1934, which equals a 9 year printing period. That is obviously a very short period of time. During its life, The Shenandoah National Bank Of Shenandoah issued 6 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 Shenandoah National Bank Of Shenandoah was located in Page County. It was assigned charter number 12950.
We buy all national currency. Please call or email us for a quote. Sales@AntiqueMoney.com
The Shenandoah National Bank Of Shenandoah in Iowa printed 3,072 sheets of $10 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. 1902 $10 blue seal bank notes all have a portrait of William McKinley on them. Values can range from as little as $40 up to over $10,000. There really is no trick to know what is rare and what is common by just doing an internet search. You really need to work with an expert (like us) in order to determine the value of your specific bank note. There are at least ten different factors than can make some 1902 $10 blue seals worth more than others. We know exactly what to look for and we would be happy to provide a free appraisal and our best offer.
1902 $10 Blue Seal National Bank Note
The Shenandoah National Bank Of Shenandoah printed 3,072 sheets of $20 1902 blue seal national bank notes. The same rarity rules for 1902 $10 blue seals also apply to $20 blue seals. Just remember that $20 bills are by nature three times rarer (unfortunately they don’t command a premium over other denominations). Hugh McCulloch is pictured on the front of each bill. Contact us if you need pricing help.
1902 $20 Blue Seal National Bank Note
The Shenandoah National Bank Of Shenandoah also printed 2,114 sheets of Type1 1929 $10 national bank notes. That is a pretty typical sheet output for a national bank during the small size era. 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 Shenandoah National Bank Of Shenandoah also printed 638 sheets of Type1 1929 $20 national bank notes. This is a small print range, but it does not guarantee rarity. Andrew Jackson is featured on the front of each 1929 $20 bill. Be sure to take note of the serial number on your specific bank note. If it is 000001 then you can expect a nice premium. There is a special market for serial number one bank notes. Of course, even if the number isn’t #1, it could still be collectible and have a high value just based on its condition and rarity alone.
Series of 1929 Type1 $20 National Bank Note
The Shenandoah National Bank Of Shenandoah also printed 732 individual notes from the type2 1929 $10 national bank note series. Type2 1929 national bank notes are already rare to begin with. A printing of less than 1,000 is especially low. 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
The Shenandoah National Bank Of Shenandoah also printed 138 individual notes from the type2 1929 $20 national bank note series. Type2 1929 national bank notes are already rare to begin with. A printing of less than 1,000 is especially low. One of the great things about 1929 type2 $20 national bank notes is that they really aren’t that old and some can be extremely rare. Until the big head $20 series started there really wasn’t much difference between something printed in 1929 and the same bill printed in 1993. We have bought some examples in the past few months that people just found in their change.
Series of 1929 Type2 $20 National Bank Note