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$5 First Charter National Bank Notes

Five Dollar Original Series National Bank Note Value

 Original Series $5 National Bank Note

The first five dollar national bank notes issued were called first charter notes. Depending on the year printed, they will either have a spiked red seal (pictured above) or a rounded red seal. There are other small differences that can determine the price one will sell for, but the main factor will always be the condition, bank, type, and serial number.

Depiction: At the left, Christopher Columbus in sight of land. At the right, presentation of an Indian Princess, representing America, to the Old World.

Designed by: Charles Fenton

Engraved by: Charles Burt

Value: A poor condition $5 first charter national bank note will bring about $300. Depending on the bank, a better condition note will bring about $1,500. Sometimes the value of these bills can be over $10,000 if its a good bank and great condition.

 

$5 National Gold Bank Notes

Picture of Five Dollar Gold National Bank Note

 Five Dollar Gold National Bank Note

This five dollar national gold bank note is unique and special because they were only issued for banks in California. It is very unusual to find high-grade condition gold bank notes. The actual paper itself on these tend to be a bit more, well, gold in color compared to other issues. At the top, you will read “Redeemable in Gold Coin” which also makes this national unique. This is another one of my favorite types to collect simply because you could redeem them in gold coins, which most collectors find really cool.

Depiction: At the left, Christopher Columbus in sight of land. At the right, presentation of an Indian Princess, representing America, to the Old World.

Designed by: Charles Fenton

Engraved by: Charles Burt

Value: A poor condition $5 gold national bank note will bring about $1,000. Depending on the bank, a better condition note will bring about $3,500. Sometimes the value of these bills can be over $10,000 if its a good bank and great condition.

 

$5 Black Charter Number National Bank Notes

Picture of Five Dollar Black Charter Number National Bank Note

 Five Dollar Black Charter Number National Bank Note

I’m a total geek when it comes to five dollar black charter national bank notes. If you have one of these, you truly have something rare. I’ve personally handled about 10 in my entire life. And I’m super fortunate to have held them! On top of that, the note pictured above is also a serial number one. Talk about a rare national bank note.

These older $5 national bank notes will either come with a red charter number, no charter number, or in very rare instances, a black charter number. If you look at the picture above, under the serial number you will see the black charter number “2130” and also to the left of the United States at the top center.

Depiction: At the left, Christopher Columbus in sight of land. At the right, presentation of an Indian Princess, representing America, to the Old World.

Designed by: Charles Fenton

Engraved by: Charles Burt

Value: Even a poor condition $5 black charter national bank note will bring about $10,000. Depending on the bank, a better condition note will bring about $35,500. Sometimes the value of these bills can be over $50,000 if its a good bank and great condition. Make sure you consult with a paper money expert to avoid getting paid less than you deserve.

 

$5 1882  Brown Back National Bank Notes

Five Dollar 1882 Brown Back National Bank Note Value

Series of 1882 $5 Brown Back

1882 $5 brown back national bank notes are some of my favorite and one of the most popular among collectors. These five dollar brown backs get their nickname from the reverse of the bill having a brown back, go figure. All of these $5 bills will have a round brown seal with a brown charter number. The serial numbers will always be a dark blue color. Prices for brown back nationals will depend on condition, bank, and serial number.

Depiction: Portrait of President James A Garfield, assassinated seven months after he was elected twentieth President of the United States in 1881.

Value: Poor condition $5 brown back nationals are worth $300. Decent condition bills from a decent bank can bring $1,200. Great condition nationals from a rare bank can bring over $10,000.

 

$5 1882 Blue Seal Date Back National Bank Notes

Picture of Five Dollar 1882 Blue Seal Date Back National Bank Note

Five Dollar 1882 Blue Seal Date Back National Bank Note

1882 $5 blue seal date back national bank notes are one of the least commonly collected $5 nationals. The reason being, there were a lot printed and they don’t have the most exciting design. As you can see from the picture we provided above, the back of the bill has “1882 – 1908” engraved at the center. Hence their name “date back” national bank notes.

Depiction: Portrait of President James A Garfield, assassinated seven months after he was elected twentieth President of the United States in 1881.

Value: Poor condition $5 blue seal 1882 date back nationals are worth $80. Decent condition bills from a decent bank can bring $1,000. Great condition nationals from a rare bank can bring over $9,000.

 

$5 1882 Blue Seal Value Back National Bank Notes

Picture of Five Dollar 1882 Blue Seal Value Back National Bank Note

Five Dollar 1882 Blue Seal Value Back National Bank Note

The series of 1882 value back nationals look similar to the date back nationals in many aspects. As you can see from the image above, these $5 bills have “Five Dollars” and they are called value backs. These value back nationals aren’t particularly special but some nationals from certain banks can bring a lot of money. Out of thousands of banks which issued national currency, less than 400 banks issued value back notes. For a bank to have issued this type, they would have needed to be opened between 1896 and 1901 and remain in business by 1916.

Depiction: Portrait of President James A Garfield, assassinated seven months after he was elected twentieth President of the United States in 1881.

Value: Poor condition $5 blue seal 1882 value back nationals are worth $150. Decent condition bills from a decent bank can bring $1,500. Great condition nationals from a rare bank can bring over $12,000.

 

$5 1902 Red Seal National Bank Notes

Five Dollar 1902 Red Seal National Bank Note Value

1902 $5 Red Seal National Bank Note

Five dollar red seal national bank notes are some of the most attractive and collectible bills in the hobby. The $5 above is from Poolesville. The pink/red signatures on this specific note are unique and could possibly increase its value as some collectors find it appealing. Interestingly enough red seal five dollar nationals typically come from smaller banks that have interesting names. Crazy or outlandish bank names sometimes result in a higher premium in the market. Condition, bank name, scarcity and serial number are all factors to consider when trying to sell your national bank note.

Depiction: Portrait of President Benjamin Harrison, 23rd president of the United States, 1889 – 1893.

Value: Poor condition $5 red seal 1902 nationals are worth $175. Decent condition bills from a decent bank can bring $1,000. Great condition red seal nationals from a rare bank can bring over $10,000.

 

$5 1902 Blue Seal National Bank Notes

Five Dollar 1902 Blue Seal National Bank Note Value

1902 $5 Blue Seal National Bank Note

1902 red seal nationals were printed, then came 1902 blue seal national bank notes. Blue seal $5 nationals were printed between 1908 & 1929. Red seal fives are almost always worth more money than blue seals but there are times when that’s not the case. I’ve purchased plenty of ten-figure $5 nationals during my years of collecting and dealing with paper money. The bill pictured above is from El Paso with the charter number 2997. This charter number isn’t particularly rare, but the bill above is in extremely fine or better condition.

Depiction: Portrait of President Benjamin Harrison, 23rd president of the United States, 1889 – 1893.

Value: Poor condition $5 blue seal 1902 nationals are worth $70. Decent condition bills from a decent bank can bring $850. Great condition blue seal nationals from a rare bank can bring over $10,000.

 

$5 1929 Small Size National Bank Notes

Five Dollar 1929 Small Size National Bank Note Values

Series of 1929 Type 1 $5 National Bank Note

What makes the $5 small size national bank note pictured above rare is the combination of its condition and being the first bill printed, serial number 1 from Pomona, California. If it wasn’t for the serial number 1, it would probably be worth a few hundred dollars at best. Since it’s serial number one you can expect to get a few thousand dollars when you sell it. Make sure you consult a paper money expert before selling any currency. We will help you free of charge.

Depiction: Portrait of President Abraham Lincoln, 16th president of the United States, 1861 – 1865.

Value: Poor condition $5 brown seal small size nationals are worth $50. Decent condition bills from a decent bank can bring $250. Great condition brown seal small size nationals from a rare bank can bring over $1,850.

 

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