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current economy and prices ??

4 posts in this topic

i just starting to get involved in national bank notes.

so i can't say if his prices are correct.

Determining national bank note values can be very difficult.


i think the prices have come down in this economy.

and are starting to go back up.


in general collect what you like to collect.


there are some national notes that i have found that were not in the census.

so his prices could be wrong if based on quantity/census.


what i have found is that some of the auction prices for these notes are not

consistant over the years. some have gone higher and some have come down in

price. some notes may just go into personnal collections and never be seen again.


= the best thing for pricing is to see what dealers are selling them at,

Supply/Demand should determine what you are willing to pay for them.


you may want to call don kelly directly and ask him.

he has been helpful to me.



= rarest states




Value: When it comes to valuing national bank notes, the old real estate adage

comes to mind, "location, location, location." Consider the following:


-states that had small populations in the late 19th and early 20th century will have

had fewer banks. So by that thought, notes from states like Wyoming will

generally be worth more than notes from Pennsylvannia


-southern states and western states had less developed economies than the

industrial north east or the agricultural midwest, by that rule, notes from less

developed states are generally more valuable


-most banks never printed $50 & $100 notes because that was a large sum of

money 100 years ago, therefore higher denomination notes are rare in that few

were printed and it was costly to save one


However, there are exceptions to every rule. No matter the state or denomination,

all national bank notes are very collectible and valuable. Thanks to a lot of

research, the collecting world has a basic idea of how valuable any note is from

any bank.



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