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Bank money bag - any value?



 
 
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  #1  
Old August 17th 03, 05:13 PM
Scottishmoney
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Default Bank money bag - any value?


"JSTONE9352" wrote in message
...
I have a cloth bank money bag from the Kent State Bank. Grand Rapids,

Michigan
that was to hold $500. Measures approx. 7 3/4" x 14". Has a tie string

at
the
top. I assume it was to hold $500 in higher denomination currency. (would

be
hard to fit in $500 face value in coins in there). Hard to tell how old

it is.
Do
banks still use money bags with their names imprinted on them? I found

this
while cleaning the computer room, I'm not sure where I got it from. (p.s.

I
didn't
rob the bank) (smile face here).


I have several of them from local banks here in Central Michigan, I have
bought all of them for $2 - $9 each usually at estate or garage sales. Most
of mine are from the late 1920's or early 1930's based on when the banks
were using those names before mergers etc.

BTW, I could imagine that indeed it would be quite easy to fit $500 in
typical sized bank bags if.... they are large and golden ala Saints or
Libertys

I have also managed to get a few from Scotland, my fave there is the North
of Scotland linen bag, pre 1950.

Dave


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  #2  
Old August 18th 03, 04:53 AM
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Default

My bank doesn't have their name on the bags. They just order the bags
from the shipping dept. of the bank. Actually, they don't even have the
denominations on the bag, come to think of it. The only way to know what
is being shipped out is by looking at the shipment receipt attached to
the bag.

bob

 




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