PONTIAC's National Currency

 

 

There were a total of eight (8) National banks chartered in Pontiac, Michigan of which five (5) are represented below, the remaining three (3) banks have no surviving notes recorded.

  
The First National Bank of Pontiac was chartered on January 3, 1882 (Charter #2607) and went into receivership on December 31, 1892.  The bank issued notes under the Series of 1875.

  

The National Bank of Pontiac was chartered November 12, 1919 (Charter #11549) and closed on February 16, 1923.  Notes were only issued under the 1902 series.

The American National Bank of Pontiac was chartered on December 15, 1922 (Charter #12288).  The bank operated under two more titles during its existence, the second title was the First National Bank in Pontiac effective January 15, 1924, and the final title for this bank was the First National Bank and Trust Company in Pontiac effective February 1, 1928, of which finally went into receivership on August 12, 1932. The bank issued notes under the last two National Bank Note series, 1902 and 1929 (type 1).

  

The First National Bank at Pontiac was chartered February 26, 1932 (Charter #13600) and went into receivership on September 13, 1933.  The bank issued notes only under the series of 1929 (type 1).

The Community National Bank at Pontiac was chartered July, 1933 (Charter #13739) and  issued notes only under the series of 1929 (type 2).

A Pictorial exhibit Of currency:

First national bank of PONTIAC #2607

currency issued 1875-1882

Series of 1875 Large Size Notes 
    1875 Type issued 1875 through 1882
       
$10       7809 printed (1 known)
        $20       2603 printed        

 

Total surviving notes known for Series of 1875 = 1 (total printed = 10,412)

For the First National Bank of Pontiac #2607, the bank only issued 1875 Series (printed from 1875 to 1882) that were printed in sheets of four (4) notes per sheet and two different denominations.  The sheets were printed with the following denomination combinations:

  • $10-$10-$10-$20

$10 circa 1875-1882, Series of 1875
Obverse: Franklin and Electricity (left) and America Seizing Electricity (right)
Reverse: DeSoto discovering the Mississippi

FIRST national bank OF PONTIAC #11549

currency issued 1919-1923

Series of 1902 Large Size Notes dated November 12, 1919
        $5         57220 printed (5 known)
        $10       27324 printed (1 known)
        $20       9108 printed (1 known) 
                          

 Total surviving notes known for Series of 1902 = 7 (total printed = 93,652)

The 1902 Series were printed from 1902 to 1929 in sheets of four (4) notes per sheet and three different denominations were printed.  All notes on the sheet had the same serial numbers, but different plate positions letters.  The National Bank of Pontiac #11549 sheets were printed with the following denomination combinations:

  • $5-$5-$5-$5

  • $10-$10-$10-$20

$5 circa 1925-1929, Series of 1902 “Plain Back Type” issued 1915 through 1929
Obverse: 23rd President of the United States 1889-1893, Benjamin Harrison (died 1901)
Reverse: The landing of the Pilgrims

 THE NATIONAL BANK OF PONTIAC #11549

$10 circa 1915-1925, Series of 1902 “Plain Back Type” issued 1915 through 1929
Obverse: 25th President of the United States 1897-1901, William McKinley (died 1901)
Reverse: Vignette of ships 

THE NATIONAL BANK OF PONTIAC #11549

$20 circa 1925-1929, Series of 1902 “Plain Back Type” issued 1915 through 1929
Obverse: Comptroller of the Currency 1863-1865, Hugh McColloch
Reverse: Vignette of the U.S. Capitol

THE NATIONAL BANK OF PONTIAC #11549

THIS NOTE WAS WON AT A SPINKS AUCTION IN 2019 AND NEVER DELIVERED TO THE WINNING BIDDER, IF YOU KNOW THE WHEREABOUTS, PLEASE CONTACT THE SITE'S AUTHOR

AMERICAN national bank of PONTIAC #12288
 
FIRST NATIONAL BANK IN PONTIAC
 
FIRST NATIONAL BANK AND TRUST COMPANY

currency issued 1922-1932

Series of 1902 Large Size Notes dated December 15, 1922

  FIRST TITLE: AMERICAN NATIONAL BANK OF PONTIAC
    Plain Back Type issued 1915 through 1929
        $5         35000 printed 
(2 known)
        $10       19800 printed (3 known)
        $20       6600 printed (2 known)        
  SECOND TITLE: FIRST NATIONAL BANK IN PONTIAC

    Plain Back Type issued 1915 through 1929
        $5         138504 printed 
(19 known
)
        $10       74049 printed (5 known
)
        $20       24683 printed (5 known
)
  THIRD TITLE: FIRST NATIONAL BANK AND TRUST COMPANY IN PONTIAC

    Plain Back Type issued 1915 through 1929
        $5         43348 printed 
(9 known
)
        $10       27072 printed (3 known
)
        $20       9024 printed (4 known
)


Series of 1929 Small Size Notes Type 1 issued July, 1929 through May, 1933
        $5         81708 printed 
(13 known
)
        $10       41472 printed (18 known
)
        $20       12618 printed (22 known
)
 

 

Total surviving notes known for Series of 1902 = 62 (total printed = 378,080)

Total surviving notes known for Series of 1929 = 53 (total printed = 135,798)

The 1902 Series were printed from 1902 to 1929 in sheets of four (4) notes per sheet and three different denominations were printed.  All notes on the sheet had the same serial numbers, but different plate positions letters.  The American National Bank of Pontiac, First National Bank in Pontiac and the First National Bank and Trust Company in Pontiac #12288 sheets were printed with the following denomination combinations:

  • $5-$5-$5-$5

  • $10-$10-$10-$20

$5 circa 1925-1929, Series of 1902 “Plain Back Type” issued 1915 through 1929
Obverse: 23rd President of the United States 1889-1893, Benjamin Harrison (died 1901)
Reverse: The landing of the Pilgrims

FIRST TITLE: AMERICAN NATIONAL BANK OF PONTIAC #12288

$10 circa 1915-1925, Series of 1902 “Plain Back Type” issued 1915 through 1929
Obverse: 25th President of the United States 1897-1901, William McKinley (died 1901)
Reverse: Vignette of ships 

FIRST TITLE: AMERICAN NATIONAL BANK OF PONTIAC #12288

$20 circa 1925-1929, Series of 1902 “Plain Back Type” issued 1915 through 1929
Obverse: Comptroller of the Currency 1863-1865, Hugh McColloch
Reverse: Vignette of the U.S. Capitol

FIRST TITLE: AMERICAN NATIONAL BANK OF PONTIAC #12288

$5 circa 1925-1929, Series of 1902 “Plain Back Type” issued 1915 through 1929
Obverse: 23rd President of the United States 1889-1893, Benjamin Harrison (died 1901)
Reverse: The landing of the Pilgrims

SECOND TITLE: FIRST NATIONAL BANK IN PONTIAC #12288

$10 circa 1915-1925, Series of 1902 “Plain Back Type” issued 1915 through 1929
Obverse: 25th President of the United States 1897-1901, William McKinley (died 1901)
Reverse: Vignette of ships 

SECOND TITLE: FIRST NATIONAL BANK IN PONTIAC #12288

$20 circa 1925-1929, Series of 1902 “Plain Back Type” issued 1915 through 1929
Obverse: Comptroller of the Currency 1863-1865, Hugh McColloch
Reverse: Vignette of the U.S. Capitol

SECOND TITLE: FIRST NATIONAL BANK IN PONTIAC #12288

$5 circa 1925-1929, Series of 1902 “Plain Back Type” issued 1915 through 1929
Obverse: 23rd President of the United States 1889-1893, Benjamin Harrison (died 1901)
Reverse: The landing of the Pilgrims

THIRD TITLE: FIRST NATIONAL BANK AND TRUST COMPANY IN PONTIAC #12288

$10 circa 1915-1925, Series of 1902 “Plain Back Type” issued 1915 through 1929
Obverse: 25th President of the United States 1897-1901, William McKinley (died 1901)
Reverse: Vignette of ships 

THIRD TITLE: FIRST NATIONAL BANK AND TRUST COMPANY IN PONTIAC #12288

$20 circa 1925-1929, Series of 1902 “Plain Back Type” issued 1915 through 1929
Obverse: Comptroller of the Currency 1863-1865, Hugh McColloch
Reverse: Vignette of the U.S. Capitol

THIRD TITLE: FIRST NATIONAL BANK AND TRUST COMPANY IN PONTIAC #12288

First National Bank and Trust Company in Pontiac #12288 1929 Type 1 Series were printed from 1929 to 1933 in sheets of six (6) notes per sheet.  Each sheet contained all the same denomination notes with all the same numerical serial numbers, only the prefix letter (plate position letter) was different which identified the position of the note on the sheet.  Therefore, six notes of the same denomination were printed with the identical serial number with only the prefixes of A,B,C,D,E being different.  Contrasting the differences between Type 1 and Type 2 Series:

  • Type 1 has an alpha prefix and suffix in the serial number. The suffix is always an “A."

  •  Type 1 has the charter number imprinted twice in black.

$5 circa 1930-1933, Series of 1929 “Small Size” Type 1

$10 circa 1929-1930, Series of 1929 “Small Size” Type 1

$20 circa 1929-1930, Series of 1929 “Small Size” Type 1

FIRST national bank AT PONTIAC #13600

currency issued 1932-1933

Series of 1929 Small Size Notes Type 1 issued July, 1929 through May, 1933
        $10       25764 printed (37 known)
        $20       6936 printed (17 known
)
 

Total surviving notes known for Series of 1929 = 54  (total printed = 32,700)

First National Bank at Pontiac #13600 1929 Type 1 Series were printed from 1929 to 1933 in sheets of six (6) notes per sheet.  Each sheet contained all the same denomination notes with all the same numerical serial numbers, only the prefix letter (plate position letter) was different which identified the position of the note on the sheet.  Therefore, six notes of the same denomination were printed with the identical serial number with only the prefixes of A,B,C,D,E being different.  Contrasting the differences between Type 1 and Type 2 Series:

  • Type 1 has an alpha prefix and suffix in the serial number. The suffix is always an “A."

  •  Type 1 has the charter number imprinted twice in black.

$10 circa 1929-1930, Series of 1929 “Small Size” Type 1

$20 circa 1929-1930, Series of 1929 “Small Size” Type 1

COMMUNITY national bank OF PONTIAC #13739

currency issued 1933-1935

Series of 1929 Small Size Notes Type 2 issued May, 1933 through July, 1935 
        $5         38724 printed (14 known)

        $10       13128 printed (17 known)
        $20       3972 printed (14 known
)

Total surviving notes known for Series of 1929 = 45 (total printed = 55,824)

Community National Bank of Pontiac #13739 1929 Type 2 Series were printed from 1933 to 1935 in sheets of six (6) notes per sheet.  Each sheet contained all the same denomination notes, but unlike Type 1 notes, these Type 2 notes all contained unique serial numbers with a constant prefix letter of “A”.  Therefore, each note was printed with five other same denomination notes on the sheet, all with different consecutive serial numbers. 

  • Type 2 has an alpha prefix (always an “A”) serial number, but no suffix.

  • Type 2 has the charter number imprinted four times, twice in black and twice in brown next to the serial number.

$5 circa 1933-1935, Series of 1929 “Small Size” Type 2

$10 circa 1933-1935, Series of 1929 “Small Size” Type 2

$20 circa 1933-1935, Series of 1929 “Small Size” Type 2