Bank Name: The First National Bank of Nephi
State: UT – Utah
Charter Number: 3537
Lifetime: Operated 1886 to 1935 | Total Issue – $783,920
Series: $5 – 1902 Red Seal National Banknote
Sheets Printed: 825
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: Ben Harrison is shown on each third charter $5 bank note. Five dollar red seals are scarce. Most banks chose to issue $10 and $20 bills only. We can’t give you an exact value for your red seal on our page here. Values are based on the condition and bank of issue. Generic examples sell for around $400. A large majority will be worth more than. Some could be worth considerably more. Please contact us for details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: Utah only had eighteen different towns with national banks that issued currency. At least a couple of the towns are still unreported today. The market for Utah national bank notes is generally good, but you have to have something worth buying to capitalize on the strong market. Utah did not become a state until 1896. Anything issued while it was still a territory is certainly desirable. 1902 red seals are especially scarce from Utah. Some blue seals are fairly rare. We are specifically talking about Beaver City, Coalville, Delta, Layton, and Myton. If you are into Mormon history then you can collect by signors; some bankers were famous within the church. Brigham Young even signed some notes.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Nephi, UT. We can tell you how much your $5 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.