Small National Bank Notes - APMEX offers a superb selection of National Bank Notes in small sizes. First issued in 1863, National Bank Notes were used in all 48 states and the territories of Alaska, Hawaii and Puerto Rico until 1935. The Small Size notes were printed in denominations of $5, $10, $20, $50, and $100 denominations and issued in two types, from 1929 to 1935.
Under Abraham Lincoln, Secretary of the Treasury Salmon P. Chase devised a system of nationally chartered banks. Individual banks purchased U.S. government bonds and deposited them with the comptroller. For up to 90% of the profit, the comptroller would authorize the production of notes with the individual bank’s name.
To view available Small National Bank Notes, click on the image representing the Small Notes of your interest: