Idaho National Bank Notes - Idaho Falls

 Idaho Falls (Southeast Idaho)
National Bank Notes of Idaho 

 

On the Treasuredstocks.com web site, you will find the following rare and highly collectible Idaho-based National Bank Notes (alphabetical order):  Ashton; Blackfoot; Boise; Caldwell; Idaho Falls; Lewiston; Malad City; Nampa; Parma; Preston; Saint Anthony; Salmon; Shoshone; Twin Falls; Wallace;  Weiser, and others.

The state of Idaho (became a state in 1890, our nation's  43rd state) had 86 national currency issuing charters in 56 towns. There are approximately 1,120 Idaho national bank notes known, ranking it the 6th scarcest state just edging out Nevada at #7.  Six charters have bank notes that are unknown.

Located in Southeast Idaho, Idaho Falls, Idaho is the county seat for Bonneville County, Idaho. Idaho Falls is considered the largest city in Eastern Idaho. 

At the time of printing of this rare Red Seal National Bank Note (1929), the population of Idaho Falls was 9,429. These numbers have increased to 56,813 persons (for the 2010 Census statistics).  

Pocatello, Idaho has 54,255 residents. Pocatello is about an hour south of Idaho Falls, off of Interstate 15.

Historically, the Idaho Territory was launched in 1863 under President Abraham Lincoln. Idaho was the 43^rd state to join the union and became part of the United States back on 3 July, 1890.

Idaho Falls, Idaho was founded in 1864 (immediately following official recognition of Idaho as a Territory) and incorporated in 1891—one year after Idaho became a state. It is 4,705 feet above sea level. Idaho Falls was named after the water rapids seen below the Taylor Bridge, at the site of Taylor’s crossing on the Montana Trail.

The Bank of Idaho Falls was a private bank that opened its doors two years after statehood in 1892. In 1903, it was chartered in the state of Idaho as the American National Bank. Among banks still operating in 1991, West One Bank, started in 1892 as the Bank of Idaho Falls, and chartered in 1903 as the American National Bank.

Idaho based National Bank Notes are rare; Idaho based Red Seal National Bank Notes are even more scarce. Take a quick look in your wallet and you may find real Idaho Gold!

If anyone out there is from or has visited Idaho Falls, Idaho or Bonneville County, Idaho, please post a comment. 

 - - - - - - - - - - - -  - - - - - - - - - - - -

From 1863 to 1935, National Bank Notes (NBN) currency were issued by banks throughout the US and its territories. After US banks with a federal charter deposited bonds in the U.S. Treasury, they would be able to issue National Bank Notes. Importantly, the US Federal government would back the value of these bank-issued National Bank Notes.

National Bank Notes were retired as a currency in the 1930s during the Great Depression. They were subsequently merged into Silver Certificates, Federal Reserve Notes, and United States Notes.