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why did the BEP switch from type 1 to type 2 on 1929 nationals?

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  • JamericonJamericon Posts: 438 ✭✭✭
    Charter numbers on type 1s were printed with the same ink used for the bank titles. This ink was easily removed during circulation, such that redemption agencies had difficulties determining banks of issue for some very worn notes.



    The remedy was to print a second pair of charter numbers in the same, more permanent ink used for the treasury seal and serial numbers.
    Jamie Yakes - U.S. paper money collector, researcher, and author. | Join the SPMCUS Small-Size Notes, National Bank Notes, and NJ Depression Scrip
  • thanks Jamie!
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