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National Bank Notes

National Bank Notes were a type of paper currency issued by federally chartered banks in the United States from the 1860s to the 1930s. They were backed by U.S. government securities, which made them more secure than other banknotes. These notes featured distinctive designs and were often used for everyday transactions. However, their production waned as the U.S. moved towards a uniform currency system with the establishment of the Federal Reserve. Today, National Bank Notes are considered collectible items, valued by numismatists and historians for their unique designs and historical significance.