First National Bank/Thatcher Building - Pueblo, CO
Posted by: Groundspeak Premium Member Outspoken1
N 38° 16.308 W 104° 36.527
13S E 534220 N 4236044
This former bank was chartered to print currency is now converted to business offices.
Waymark Code: WMPFGA
Location: Colorado, United States
Date Posted: 08/23/2015
Published By:Groundspeak Premium Member bluesnote
Views: 5

"The Thatcher Brothers Bank opened on January 25, 1871. John and Mahlon reorganized their fledgling financial institution into the First National Bank of Pueblo on April 17, 1871. It became the fourth national bank in the territory and established Pueblo as the financial center of southern Colorado. While John and Mahlon served as officers and were major stockholders for the rest of their lives, it was Mahlon who acted as cashier, overseeing the day-today operation of the bank." (from page 24, (visit link) )

"The First National Bank Of Pueblo

The First National Bank Of Pueblo in Colorado printed $3,353,730 dollars worth of national currency. Over $1,000,000 face value is a lot of money. However, some types and denominations of currency from this bank could still be rare. This national bank opened in 1871 and stopped printing money in 1935, which equals a 65 year printing period. That is considering a long operation period for a national bank. During its life, The First National Bank Of Pueblo issued 14 different types and denominations of national currency. ... For the record, The First National Bank Of Pueblo was located in Pueblo County. It was assigned charter number 1833.

The First National Bank Of Pueblo in Colorado issued 1,500 sheets of $1 original series territorial national bank notes. A total sheet output in the lows 1,000s is a great sign that you own a very rare bank note. When dealing with any first charter one dollar bank note, you can always take the number of sheets printed and multiply it by three to get the total number of actual bank notes printed for this denomination. These are technically called original series one dollar territorial national bank notes. ...

The First National Bank Of Pueblo printed 1,500 sheets of $2 original series territorial national bank notes. Keep in mind that there was just one two dollar bill printed per sheet. So in this case the sheet number equals the total output of notes. Just like with the one dollar denomination, original series $2 territorial bank notes have survived at a surprisingly high rate considering they were only issued by 19 different national banks. ...

The First National Bank Of Pueblo also printed 3,375 sheets of $5 original series territorial national bank notes. Many territorial banks had outputs in the 2,000 to 4,000 range. You can do some quick math and take the sheet output, multiply it by four, and get the total number of original series $5 territorial bank notes issued by this bank. Only 30 banks in the country even printed these notes. ...

The First National Bank Of Pueblo also printed 12,750 sheets of $5 series of 1875 territorial national bank notes. It is unusual to see a sheet printed number over 10,000 when dealing with territorials, but that certainly doesn’t mean that these will automatically become common. Most first charter five dollar territorials that we encounter today are from the series of 1875. Despite saying series of 1875, these were actually printed as late as 1901 by a handful of banks. So while these might appear ancient, some are much newer than the series date would suggest. ...

The First National Bank Of Pueblo also printed 12,899 sheets of $5 series of 1875 national bank notes. That is a high issue number for a national bank. You are likely not dealing with a rare bank note. However, the exact value is still based on condition and a number of other factors. You might be surprised at the value. Series of 1875 $5 bills are some of the most commonly encountered bank notes from the first charter series. Only the original series $1 bill is more available. Some banks exclusively issued five dollar bills. ... These notes have a rounded red seal and red serial numbers. They also all have a red charter number. ...

The First National Bank Of Pueblo also printed 6,725 sheets of $50 1882 brown back national bank notes. Not many banks printed $50 1882 brown backs. Sheet outputs aren’t extremely important. However, it is good factual information to know. The most common 1882 $50 brown backs are worth about $5,000. However, some can be worth more than $10,000 based on condition, serial number, and bank of issue.

The First National Bank Of Pueblo also printed 6,725 sheets of $100 1882 brown back national bank notes. Just because this bank printed more than 1,000 one hundred dollar brown backs does not mean that they are all common.

The First National Bank Of Pueblo also printed 2,770 sheets of $5 1882 blue seal national bank notes. That is a pretty standard sheet output number for these issues. Most of the value is going to be in the condition. 1882 $5 blue seal bank notes were issued by some national banks in The United States. ...

The First National Bank Of Pueblo also printed 3,000 sheets of $10 1902 blue seal national bank notes. Many small national banks could be in business for years and only print between 2,500 and 5,000 sheets of blue seals. 1902 $10 blue seal bank notes all have a portrait of William McKinley on them. Values can range from as little as $40 up to over $10,000. ...

The First National Bank Of Pueblo also printed 3,000 sheets of $20 1902 blue seal national bank notes. The same rarity rules for 1902 $10 blue seals also apply to $20 blue seals. ...

The First National Bank Of Pueblo also printed 4,692 sheets of $50 1902 blue seal national bank notes. ...

The First National Bank Of Pueblo also printed 4,692 sheets of $100 1902 blue seal national bank notes. It is no coincidence that the sheet numbers for $50 bills and $100 bills are the same. They were printed on the same sheets. ...

The First National Bank Of Pueblo also printed 1,210 sheets of Type1 1929 $50 national bank notes. That is a pretty typical sheet output for a national bank during the small size era. As is the case with all modern fifty dollar bills, Ulysses Grant is pictured on the front of 1929 $50 bills. ...

The First National Bank Of Pueblo also printed 451 sheets of Type1 1929 $100 national bank notes. That may sound like a very small number, and it is. However, when it comes to small size notes, that print range usually allows for a handful of survivors. Despite saying series of 1929, all type1 national bank notes were actually printed between 1929 and 1933. Exactly 289 national banks printed $100 type1 notes. ... (excerpted from (visit link) )

Visit (visit link) to see examples of the printed currency.
Artist: Unknown

Address:
503 N. Main St Pueblo, CO USA


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