The American National Bank Of New York
The American National Bank Of New York in New York printed $508,000 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 1865 and stopped printing money in 1872, which equals a 8 year printing period. That is obviously a very short period of time. During its life, The American National Bank Of New York issued 5 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 American National Bank Of New York was located in New York County. It was assigned charter number 750.
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The American National Bank Of New York in New York issued 21,090 sheets of $5 original series national bank notes. These notes were only printed until 1875. For a national bank to print more than 10,000 means that they were doing a lot of business. Your exact note is likely still rare. The value will be more condition based than rarity based though. Each five dollar original series bank note has a spiked red seal. That is pretty much the only design difference between it and later issues. These are really beautiful notes. One neat thing about these is that the back of each note has a vignette of the corresponding state seal. Some of the state seals are very imaginative. Collecting by state seal was very popular early on in the hobby. Today most collectors are more concerned about bank of issue and condition. Serial number one bank notes are also extremely popular.
Original Series $5 National Bank Note
The American National Bank Of New York printed 1,499 sheets of $10 original series national bank notes. A print range between 1,000 and 2,500 is small. Combine that with something that was printed before 1875 and you can imagine that these notes are few and far between. These notes were issued during the glory days of the national bank note era. Each $10 bill was pen signed by the president and cashier of the bank. Small towns and large cities both issued these notes. Of course the small town issuers tend to be scarcer today. Prices range from $500 to thousands of dollars (and more if the condition and rarity warrant it). Contact us if you need help valuing your bank note.
Original Series $10 National Bank Note
The American National Bank Of New York also printed 1,499 sheets of $20 original series national bank notes. That issue number may or may not sound like a lot of sheets depending on your experience with collectible currency. However, all original series $20 bills are rare. The production amount is irrelevant when it comes to values. These seem like common issues until you want to buy one. These just aren’t readily available from rare banks in very fine or better condition. We definitely feel like these are undervalued in today’s market.
Original Series $20 National Bank Note
The American National Bank Of New York also printed 75 sheets of $50 original series national bank notes. The printing number for original series $50 bills is irrelevant. There are only about 35 known to exist from all banks in the country. Despite being extremely rare, condition is still very important. Lots of first charter fifty dollar bills are heavily circulated; there are significant premiums for anything that grades extremely fine or higher.
Original Series $50 National Bank Note
The American National Bank Of New York also printed 75 sheets of $100 original series national bank notes. The same piece of advice applies here as it does to first charter fifties. These are rare enough to the point that printing numbers don’t matter. The same condition guidelines apply to original series $100 bank notes. These traded hands frequently and are often found in “well-used” states today. As with other bank notes, there can be huge price gaps between different grade points.
Original Series $100 National Bank Note