Doug Nyholm edits The Mint Master for the Utah Numismatic Society. In the July 2023 issue he authored an article on "Unusual Bank Bags." With permission, we've republishing it here. Thank you.
The collecting of various bank and mint bags is popular with
some collectors. Most commonly collected are the cloth or
canvas bags issued to a banks depositors from the 1930's to
the 1960's. Most modern banks now use vinyl or plastic bags
of which few are collected. Other bags commonly collected
are those canvas and cloth bags used by the U.S. mint to distribute large quantities of coins from cents to dollars and even
pre 1933 gold coins. The latter are presently quite rare and
In addition to the above mentioned bags there are several other categories most of which are scarce and which I have pictured here in this article. These include leather bags usually
issued by individual banks of which the larger ones were very
likely intended for heavier coins or gold with the small ones
probably used as a coin purse. Leather bank bags are seldomly encountered.
Bags other than those distributed by the mint and usually designated for a single denomination and often printed on the
bag the year of issue for the coins can come in a number of
formats. Shown later is simply a medium size bag which
states $100 Silver. There are a couple of bags which state $10.00
Pennies issued the the Metals Bank and Trust Co. in Butte Montana and another stating Treasury Department $10.00 Cents from
Washington D.C. Small denomination bags especially for cents
or pennies are quite rare and why only $10 which even back in
the 1930's would be a log of coins and are interesting why they
were even made.
The bag shown on this page is from the Bingham State Bank in
Utah and also shown is a picture of this bank which no longer is
The two other leather bags, one from the Citizens National Bank
in Sedalia Mo, and the coin purse size one from The First State
and Savings Bank from Klamath Falls Or, are also shown. Leather bags which were stamped with the identification of the bank
held up fairly well but the lettering very often is almost impossible to read.
Finally, a $1000 Gold bag from the First National Bank of the
Republic in Utah is shown, The gold bags, which are extremely
rare were probably not used for gifts to their depositors but rather for storing and accounting specific quantities of gold in their vaults. These bags are all from my personal
collection and like coins, tokens, or anything else numismatic are a link to the past and banking a hundred
years or more ago.
That's a great group of bags, with a wide variety of types and styles. Very interesting - cool collectibles. Who else has an accumulation of these to share?
Wayne Homren, Editor
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