Bank Name: The First National Bank of McGregor
State: IA – Iowa
Charter Number: 323
Lifetime: Operated 1863 to 1933 | Total Issue – $744,580
Series: $2 – 1875 National Banknote
Sheets Printed: 660
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: These are very popular bank notes. They are nicknamed lazy deuces. Examples in heavily circulated condition typically sell for $1,000 as the bottom dollar price. There is plenty of room for that price to be higher. The exact value is really just based on the bank of issue. The state of issue can also be very important. Many notes from southern and western states are especially rare. Contact us for details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: Iowa is considered to be the birthplace of the national bank note collecting hobby. In fact the only museum dedicated to national currency is located in Iowa. The original dealers supporting our niche numismatic area lived and worked out of Iowa. That means that for almost six decades there have been collectors in Iowa trying to find great rarities from their home state. New and good discoveries from Iowa are few and far between these days. Most long terms collectors feel like they have seen it all before; and many times they are correct. When we think of Iowa, images of pen-signed notes from great town names (Spirit Lake, Hawkeye, Lost Nation, Jewell Junction, etc.) come to mind.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of McGregor, IA. We can tell you how much your $2 bill is worth. We aren’t just dealers. We are also collectors, experts, and appraisers. We have contributed to numerous price guides and are considered specialists in the field of national currency. Contact us via phone or email to get your free appraisal today.