National Bank Note
E4558
A National Bank Note was a type of U.S. paper currency issued by federally chartered national banks and backed by U.S. government bonds during the late 19th and early 20th centuries.
Statements (50)
| Predicate | Object |
|---|---|
| instanceOf |
banknote
→
type of United States paper currency → |
| backedBy |
U.S. government bonds
→
|
| backedByMechanism |
deposit of U.S. government bonds with the U.S. Treasury
→
|
| backLanguage |
English
→
|
| circulationPeriod |
early 20th century
→
late 19th century → |
| collectibleFeature |
historical bank titles and locations
→
low surviving populations for some banks → variety of issuing banks → |
| collectibleStatus |
highly collectible among numismatists
→
|
| country |
United States
→
|
| denominationType |
fixed denominations
→
|
| designFeature |
charter number of the issuing bank printed on the note
→
name of the issuing national bank printed on the note → portrait of a notable historical figure → signatures of bank officers → vignettes and allegorical scenes → |
| firstSeriesYear |
1863
→
|
| formatChange |
switched to small-size notes in 1929
→
|
| introducedBy |
National Banking Act of 1863
→
|
| introducedInPeriod |
American Civil War era
→
|
| introducedInYear |
1863
→
|
| issueEnded |
1935
→
|
| issuerType |
federally chartered national banks
→
|
| largeSizeDimensionRelation |
larger than modern U.S. currency
→
|
| lastNotesRedeemedBy |
U.S. Treasury
→
|
| laterSeriesYear |
1875
→
1882 → 1902 → 1908 → 1915 → 1929 → |
| legalTenderStatus |
legal tender for all debts except customs duties and interest on the public debt
→
|
| monetaryRole |
component of the U.S. national currency system in the late 19th and early 20th centuries
→
|
| obsolescenceCause |
establishment of the Federal Reserve System
→
introduction of Federal Reserve Notes → |
| obverseLanguage |
English
→
|
| phaseOutBegan |
1913
→
|
| primaryPurpose |
to create a uniform national currency
→
|
| redeemableIn |
lawful money of the United States
→
|
| regulatedBy |
Office of the Comptroller of the Currency
→
|
| relatedTo |
National Banking Act of 1864
→
|
| replacedBy |
Federal Reserve Note
→
|
| secondaryPurpose |
to provide a market for U.S. government bonds
→
|
| securityFeature |
intricate engraving
→
serial numbers → specialized paper → |
| smallSizeDimensionRelation |
same general size as modern U.S. currency
→
|
| supervisedBy |
U.S. Treasury
→
|
Referenced by (1)
| Subject (surface form when different) | Predicate |
|---|---|
|
United States twenty-dollar bill reverse (historical designs)
→
|
usedOn |