The Pacific National Bank Of Boston
The Pacific National Bank Of Boston in Massachusetts printed $732,400 dollars worth of national currency. That is a high amount, but condition and serial numbers can make otherwise common currency from this bank quite valuable. This national bank opened in 1877 and stopped printing money in 1882, which equals a 6 year printing period. That is obviously a very short period of time. During its life, The Pacific National Bank Of Boston issued 3 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 Pacific National Bank Of Boston was located in Suffolk County. It was assigned charter number 2373.
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The Pacific National Bank Of Boston in Massachusetts issued 7,860 sheets of $1 series of 1875 national bank notes. A print range between 5,000 and 10,000 is a pretty high number. But you have to remember we are talking about bank notes from the 1870s and 1880s. Even banks with high issue numbers could be rare today. Series of 1875 one dollar first charter national bank notes were only printed between 1875 and 1878. That is the shortest production period of any national bank note. That doesn’t automatically mean that these are worth thousands of dollars, but they could be. Collectors often don’t differentiate between original series and 1875 notes because they look so similar.
Series of 1875 $1 National Bank Note
The Pacific National Bank Of Boston printed 7,860 sheets of $2 series of 1875 national bank notes. If you are lucky enough to have a two dollar note from 1875 then don’t get too hung up on the number of bills printed. All notes are rare and in demand; we would be happy to help you value yours. There was only one $2 bill printed per sheet of national currency. So that sheet number also equals the total number of bank notes printed for the denomination. And as we said above, these were also only printed until 1878. That is one of the main reasons they are so rare today.
Series of 1875 $2 National Bank Note
The Pacific National Bank Of Boston also printed 34,655 sheets of $5 series of 1875 national bank notes. That is a high issue number for a national bank. You are likely not dealing with a rare bank note. However, the exact value is still based on condition and a number of other factors. You might be surprised at the value. Series of 1875 $5 bills are some of the most commonly encountered bank notes from the first charter series. Only the original series $1 bill is more available. Some banks exclusively issued five dollar bills. So if you want an example from one of those banks then you don’t have many options. These notes have a rounded red seal and red serial numbers. They also all have a red charter number.
Series of 1875 $5 National Bank Note