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National Bank Notes were introduced in 1863, in the midst of the Civil War. They were issued by local banks throughout the United States that were part of the newly formed national banks system. The banks deposited government bonds into the U.S. Treasury in exchange for the rights to print banknotes of a value up to 90 percent of the bonds. These notes were then secured by the federal government.
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Title GSvc Description Show Img Price
1st Ch. (1863) $1 (Fr.#380) Ch#1038 - STAMFORD NB - Stamford, CT First Charter Original Series :: $1 (Fr.#380) :: Ch#1038.0 - STAMFORD NB ... $2,500.00
1st Ch. (1863) $1 (Fr.#380) Ch#1085 - NB - Wrentham, MA First Charter Original Series :: $1 (Fr.#380) :: Ch#1085.0 - NB - Wrentha... $6,750.00
1st Ch. (1863) $1 (Fr.#380) Ch#1133 - WOODSTOCK NB - Woodstock, VT First Charter Original Series :: $1 (Fr.#380) :: Ch#1133.0 - WOODSTOCK NB... $1,850.00
1st Ch. (1863) $1 (Fr.#380) Ch#1197 - MERCHANTS NB - Burlington, VT First Charter Original Series :: $1 (Fr.#380) :: Ch#1197.0 - MERCHANTS NB... $1,850.00
1st Ch. (1863) $1 (Fr.#380) Ch#1260 - PITTSFIELD NB - Pittsfield, MA First Charter Original Series :: $1 (Fr.#380) :: Ch#1260.0 - PITTSFIELD N... $1,250.00
1st Ch. (1863) $1 (Fr.#380) Ch#1260 - PITTSFIELD NB - Pittsfield, MA First Charter Original Series :: $1 (Fr.#380) :: Ch#1260.0 - PITTSFIELD N... $500.00
1st Ch. (1863) $1 (Fr.#380) Ch#1264 - NB - Vernon, NY First Charter Original Series :: $1 (Fr.#380) :: Ch#1264.0 - NB - Vernon,... $4,000.00
1st Ch. (1863) $1 (Fr.#380) Ch#1283 - MANUFACTURERS NB - Providence, R... First Charter Original Series :: $1 (Fr.#380) :: Ch#1283.0 - MANUFACTURER... $750.00
1st Ch. (1863) $1 (Fr.#380) Ch#1308 - UTICA CITY NB - Utica, NY First Charter Original Series :: $1 (Fr.#380) :: Ch#1308.0 - UTICA CITY N... $1,250.00
1st Ch. (1863) $1 (Fr.#380) Ch#1323 - DELAWARE NB - Delhi, NY First Charter Original Series :: $1 (Fr.#380) :: Ch#1323.0 - DELAWARE NB ... $1,850.00
1st Ch. (1863) $1 (Fr.#380) Ch#134 - FNB - Providence, RI First Charter Original Series :: $1 (Fr.#380) :: Ch#134.0 - FNB - Provide... $2,500.00
1st Ch. (1863) $1 (Fr.#380) Ch#1389 - CONTINENTAL NB - New york, NY First Charter Original Series :: $1 (Fr.#380) :: Ch#1389.0 - CONTINENTAL ... $1,250.00
1st Ch. (1863) $1 (Fr.#380) Ch#1428 - ALTON NB - Alton, IL First Charter Original Series :: $1 (Fr.#380) :: Ch#1428.0 - ALTON NB - A... $750.00
1st Ch. (1863) $1 (Fr.#380) Ch#1428 - ALTON NB - Alton, IL First Charter Original Series :: $1 (Fr.#380) :: Ch#1428.0 - ALTON NB - A... $500.00
1st Ch. (1863) $1 (Fr.#380) Ch#1492 - NEWPORT NB - Newport, RI First Charter Original Series :: $1 (Fr.#380) :: Ch#1492.0 - NEWPORT NB -... $3,500.00
1st Ch. (1863) $1 (Fr.#380) Ch#1492 - NEWPORT NB - Newport, RI First Charter Original Series :: $1 (Fr.#380) :: Ch#1492.0 - NEWPORT NB -... $2,000.00
1st Ch. (1863) $1 (Fr.#380) Ch#1496 - PULASKI NB - Pulaski, NY First Charter Original Series :: $1 (Fr.#380) :: Ch#1496.0 - PULASKI NB -... $7,500.00
1st Ch. (1863) $1 (Fr.#380) Ch#1507 - N UNION BANK - Watertown, NY First Charter Original Series :: $1 (Fr.#380) :: Ch#1507.0 - N UNION BANK... $3,750.00
1st Ch. (1863) $1 (Fr.#380) Ch#1532 - NB OF RHODE ISLAND - Newport, RI... First Charter Original Series :: $1 (Fr.#380) :: Ch#1532.0 - NB OF RHODE ... $1,500.00
1st Ch. (1863) $1 (Fr.#380) Ch#1546 - AQUIDNECK NB - Newport, RI First Charter Original Series :: $1 (Fr.#380) :: Ch#1546.0 - AQUIDNECK NB... $1,500.00
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Early versions of National Bank Notes were designed with a portrait on the left edge on the obverse side, with the name of the bank displayed in the middle. Historical figures who were featured included James A. Garfield, Ulysses S. Grant, Andrew Jackson and William McKinley. They often did not correspond to those who are used on the same denominations today.

In the final years of National Bank Notes, the designs fell more into line with those used on Federal Reserve Notes and other currency used at the time. The bank of issuance was then over-stamped on the left side. These notes continued to be issued until the 1930s. These National Bank Notes are popular collector's items, as they represent a wide variety of towns and cities across the U.S. Those from more obscure areas are more highly valued. In 2010, a note from Walla Walla (Washington Territory) sold for $161,000 in an auction.
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