The Citizens National Bank of Sugar City, Colorado

The Citizens National Bank of Sugar City, Colorado

The Citizens National Bank of Sugar City, Colorado was only open for about thirty months between 1902 and 1905 in what was then Otero County. Today it is much easier to find out information about Sugar City, Idaho than Sugar City, Colorado. The population of Colorado’s Sugar City is currently only 279 people. Looking back, it is hard to believe the town was even able to support a national bank for as long as it did.

The Citizens National Bank is a classic rarity from Colorado. The bank printed over two thousand national bank notes, and today only one is known to exist.

The first president of the bank was HN Silliman. The first cashier was Jesse Elton Williams. Despite Silliman’s role as president, he did not sign the only note known to exist from the bank. A vice-president signed that note and his signature indecipherable.

The popularity and value of Sugar City currency comes from several factors. The bank was the only national bank in town. It existed for a short period of time. It only issued one type of currency, 1902 red seal national bank notes. Even if the bank wasn’t rare, the name alone, Sugar City, is unique enough to gain attention from people outside of Colorado.
If you have any currency from The Citizens National Bank of Sugar City, please tell us about it. We are certainly interested parties, and you will likely be very pleased with our appraisal.

Contact me via email: info@rarenationalcurrency.com, phone: 864-430-4020, or contact form.