The National Bank Of Commerce In Of New York
The National Bank Of Commerce In Of New York in New York printed $155,875,000 dollars worth of national currency. Once a bank issues that much money there really isn’t much room for rare issues. However, there are certainly exceptions to every rule. This national bank opened in 1865 and stopped printing money in 1929, which equals a 65 year printing period. That is considering a long operation period for a national bank. During its life, The National Bank Of Commerce In Of New York issued 19 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 National Bank Of Commerce In Of New York was located in New York County. It was assigned charter number 733.
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The National Bank Of Commerce In Of New York in New York printed 91,000 sheets of $5 original series national bank notes. For a bank to issue more than 50,000 sheets of a single type of original series national bank note usually signifies that the bank was an old and established bank and it was probably in a large metropolitan area. The survival rate is still a wildcard factor. However, the odds are decent that at least several survivors are known to exist. 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 National Bank Of Commerce In Of New York printed 60,000 sheets of $10 original series national bank notes. For a bank to issue more than 50,000 sheets of a single type of original series national bank note usually signifies that the bank was an old and established bank and it was probably in a large metropolitan area. The survival rate is still a wildcard factor. However, the odds are decent that at least several survivors are known to exist. 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 National Bank Of Commerce In Of New York also printed 60,000 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 National Bank Of Commerce In Of New York also printed 22,000 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 National Bank Of Commerce In Of New York also printed 22,000 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
The National Bank Of Commerce In Of New York also printed 575 sheets of $500 original series national bank notes. The number of sheets of $500 national bank notes printed is completely irrelevant. These are exceedingly rare. It is currently thought that only three are known to exist. An authentic $500 national bank note should be worth over one million dollars.
Original Series $500 National Bank Note
The National Bank Of Commerce In Of New York also printed 575 sheets of $1,000 original series national bank notes. There are currently no $1,000 national bank notes known to exist. So the number printed is not important at all. These notes are definitely worth over one million dollars.
Original Series $1000 National Bank Note
The National Bank Of Commerce In Of New York also printed 5,995 sheets of $5 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 $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
The National Bank Of Commerce In Of New York also printed 6,508 sheets of $10 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. The two vignettes seen on 1875 $10 bank notes are “Franklin and Electricity” and “America Seizing Lightning”. These notes occasionally confuse novices because the year 1752 is printed on them. That is when Benjamin Franklin discovered electricity. It has nothing to do with when these bank notes were issued. The back of each $10 bill has “DeSoto Discovering the Mississippi.”
Series of 1875 $10 National Bank Note
The National Bank Of Commerce In Of New York also printed 6,508 sheets of $20 series of 1875 national bank notes. The exact number of series of 1875 $20 national bank notes printed by this bank is good to know. Don’t expect a high number to lower the value or a small number to increase the value. These notes are scarce enough on their own that the stats don’t really matter. Twenty dollars was a lot of money between 1875 and 1901, which is the time period in which these were printed. These just weren’t saved in high numbers.
Series of 1875 $20 National Bank Note
The National Bank Of Commerce In Of New York also printed 1,089 sheets of $50 series of 1875 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. To make matters worse, these are not being discovered much at all these days. The supply is pretty constant, as is the demand. Prices start at about $10,000 and can go up sharply from there.
Series of 1875 $50 National Bank Note
The National Bank Of Commerce In Of New York also printed 1,089 sheets of $100 series of 1875 national bank notes. There are currently only about 70 series of 1875 $100 national bank notes known to exist. So the sheet output is really only included for factual purposes – it won’t affect values. The actual value is based on condition and bank of issue. If you don’t know how to grade currency, then send us pictures of what you have. We can help you grade and value any national bank note. Of course series of 1875 $100 bank notes would be a treat to see.
Series of 1875 $100 National Bank Note
The National Bank Of Commerce In Of New York also printed 95 sheets of $500 series of 1875 national bank notes. The number of sheets of $500 national bank notes printed is completely irrelevant. These are exceedingly rare. It is currently thought that only three are known to exist. An authentic $500 national bank note should be worth at least one million dollars.
Series of 1875 $500 National Bank Note
The National Bank Of Commerce In Of New York also printed 125 sheets of $1,000 series of 1875 national bank notes. There are currently no $1,000 national bank notes known to exist. So the number printed is not important at all. A real $1,000 national bank note is certainly a low seven figure rarity.
Series of 1875 $1000 National Bank Note
The National Bank Of Commerce In Of New York also printed 679,000 sheets of $5 1882 brown back national bank notes. Very few national banks printed more than 50,000 brown back sheets like this bank. This is something that will likely be common for the type, but it could still be very collectible. You can take the total number of sheets printed and multiply that number by four to get the exact number of 1882 $5 brown back bank notes this bank issued. Each note has a portrait of James Garfield on the left hand side of the bill. These are very popular with collectors because they have different text layouts. Some notes are worth as little as a few hundred dollars, but most are worth a good deal more.
Series of 1882 $5 Brown Back
The National Bank Of Commerce In Of New York also printed 396,600 sheets of $10 1882 brown back national bank notes. Very few national banks printed more than 50,000 brown back sheets like this bank. This is something that will likely be common for the type, but it could still be very collectible. There were three $10 bills printed on a single sheet of 1882 brown backs. The design of the bill is similar to all earlier ten dollar national bank notes. The nickname comes from the fact that these bills have a brown seal and brown overprint. Despite saying series of 1882, these were actually printed by some banks up until 1908. The date you see in cursive relates to when the bank first started issuing brown back notes.
Series of 1882 $10 Brown Back
The National Bank Of Commerce In Of New York also printed 396,600 sheets of $20 1882 brown back national bank notes. Due to the way brown back sheets were printed we know that the sheet output number equals the number of $20 brown backs printed. When we see a number over 10,000 there is a good chance that the note isn’t going to be especially rare. However, it never hurts to ask. One neat thing about all brown backs is that they each have a different back design based on which state issued them. The back left hand side of the note shows the state seal of which ever state the national bank was located in. Generally speaking, 1882 $20 brown backs are pretty difficult to locate. They typically were printed in small numbers and they don’t have a great survival rate.
Series of 1882 $20 Brown Back
The National Bank Of Commerce In Of New York also printed 12,133 sheets of $50 1882 brown back national bank notes. Not many banks printed $50 1882 brown backs. Sheet outputs aren’t extremely important. However, it is good factual information to know. The most common 1882 $50 brown backs are worth about $5,000. However, some can be worth more than $10,000 based on condition, serial number, and bank of issue.
Series of 1882 $50 Brown Back
The National Bank Of Commerce In Of New York also printed 12,133 sheets of $100 1882 brown back national bank notes. Just because this bank printed more than 1,000 one hundred dollar brown backs does not mean that they are all common. We are very interested in purchasing $100 1882 brown back national bank notes. We have paid more than $15,000 for some examples. Send us pictures of what you have and we will respond quickly with an appraisal and offer.
Series of 1882 $100 Brown Back