Talk:National Bank Note

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Cleanup

I've edited the article to remove some sweeping statements that a previous author made that lacked any citation and were subjective. While it is true that, by and large, the national bank system was not as stable as the Federal Reserve system, it is difficult to stand by comments such as "people did not trust the banks" without at least providing a citation. Also, there was a statement stating that the notes were only backed by the goodwill of the bank which I deleted, as they were backed by government bonds which the bank purchased.

--Bwryan2006 (talk) 18:33, 24 February 2009 (UTC)[reply]

A Commons file used on this page has been nominated for deletion

The following Wikimedia Commons file used on this page has been nominated for deletion:

National bank note for $5, issued by the National Bank of San Diego in 1913..JPG

Participate in the deletion discussion at the nomination page. —Community Tech bot (talk) 16:37, 5 December 2019 (UTC)[reply]

Just to clarify

This article may need to be moved to National Bank Note (United States) or National Bank Note (USA) as Japanese national banknotes modeled after these notes were made. [1] - Knowledgekid87 (talk) 00:55, 14 January 2021 (UTC)[reply]

Featured picture scheduled for POTD

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$1 (original): First National Bank, Lebanon, Indiana
$2 (1875): First National Bank, Emporia, Kansas
$5 (1875): Vineland National Bank, Vineland, New Jersey

$10 (1875): First National Bank, Bismarck, North Dakota
$20 (1875): First National Bank, Butte, Montana
$50 (1875): First National Bank, Cleveland, Ohio

$100 (original): Raleigh National Bank, Raleigh, North Carolina
$500 (original): Appleton National Bank, Lowell, Massachusetts
$1000 (1875, proof): First National Bank, Salem, Massachusetts

National Bank Notes were United States banknotes issued by national banks chartered by the U.S. federal government. The banknotes were usually backed by bonds deposited by the bank with the United States Treasury. In addition, banks were required to maintain a redemption fund amounting to five percent of any outstanding note balance, in gold or "lawful money". The banknotes were not legal tender in general, but were satisfactory for nearly all payments to and by the federal government. They were retired as a currency type by the federal government in the 1930s, when United States currency was consolidated into Federal Reserve Notes, United States Notes, and silver certificates. These nine banknotes, in denominations from $1 to $1000, were issued by various banks across the country as part of either the original or the 1875 series of National Bank Notes.

Banknote design credit: Office of the Comptroller of the Currency and the Bureau of Engraving and Printing; scanned by Andrew Shiva

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