Explore: National Bank Notes

National Bank Notes were United States currency banknotes issued by national banks chartered by the United States Government. The notes were usually backed

National Bank Notes and Federal Reserve Notes. They were specified in the Federal Reserve Act of 1913 and had the same value as other kinds of notes of

in a strict sense notes that have not been issued by banks, e.g. government notes, are not banknotes.[better source needed] National banknotes are often

National Gold Bank Notes were National Bank Notes issued by nine national gold banks in California in the 1870s and 1880s and redeemable in gold. Printed

continue to print bank notes under the Bank of Scotland name. According to the Bank Notes (Scotland) Act 1845, the bank could have lost its note-issuing rights

currency notes other than national bank notes. The tax rate was intentionally set so high as to effectively prohibit further circulation of state bank and

began chartering commercial banks that issued their own notes. These notes were known as state bank notes. State bank notes did not achieve widespread

infrastructure, wildcat banks supplied a medium of exchange in the form of bearer notes that they issued on their own credit. These notes were formally redeemable

later be absorbed by ABNCo) to design, engrave, and begin printing National Bank Notes. ABNCo was contracted for the $20, $50, and $100 denominations, CBNCo

The concept is similar to that of the National Bank Notes, the difference being that National Gold Bank Notes were redeemable in gold. They were issued