Catalog
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| Issuer | National Currency (United States National Banks) |
|---|---|
| Year | 1902-1927 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 188 x 79 mm |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | SECURED BY UNITED STATES BONDS OR OTHER SECURITIES UNITED STATES OF AMERICA SERIES OF 1902 THE NATIONAL BANK OF [CITY] WILL PAY TO THE BEARER ON DEMAND ONE HUNDRED DOLLARS [City, State, Date] |
| Reverse description | Log in to see details |
| Reverse lettering | NATIONAL CURRENCY THIS NOTE IS RECEIVABLE AT PAR IN ALL PARTS OF THE UNITED STATES IN PAYMENT OF ALL TAXES AND EXCISES AND ALL OTHER DUES TO THE UNITED STATES EXCEPT DUTIES ON IMPORTS AND ALSO FOR ALL SALARIES AND OTHER DEBTS AND DEMANDS OWING BY THE UNITED STATES TO INDIVIDUALS CORPORATIONS AND ASSOCIATIONS WITHIN THE UNITED STATES EXCEPT INTEREST ON PUBLIC DEBT ONE HUNDRED DOLLARS 100 DOLLARS 100 |
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| Comments |
The 1902 series National Bank Notes were issued by over 12,000 individual chartered banks across the United States, each printing its own name, charter number, and officers' signatures onto a federally produced sheet. That decentralized model makes collecting by issuing bank — rather than by series — the dominant approach, since notes from small-town banks in low-population states like Nevada or Wyoming were printed in tiny quantities and rarely survived circulation.
The series ran through three distinct subtypes distinguished primarily by the presence or absence of the "1902-1908" date panel on the reverse. The third subtype, running to 1927, was produced after that panel was removed. At the $100 denomination, surviving examples from any subtype are scarce; most national bank note collections are built around the lower denominations where more notes entered daily commerce.