Bank Name: The First National Bank of Madison
State: WI – Wisconsin
Charter Number: 144
Lifetime: Operated 1863 to 1935 | Total Issue – $4,963,460
Series: $10 – 1875 National Banknote
Sheets Printed: 368
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: These were printed as early as 1875 and as late as 1901. Ten dollars is definitely a tougher denomination for this series. The value of any early note like this is just based on the condition and bank of issue. Generic examples typically sell for around $1,000. There is certainly room for that price to be considerably higher; it just depends on the above mentioned factors. Please contact us for details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: It is difficult to describe the Wisconsin national bank note market in one word. A huge collection was sold in 2008 and prices were generally thought to be strong then, but the market is likely off of those highs. Different parts of the state and different towns are always hot and other areas just don’t seem to have much of a following. We know collectors who only like Wisconsin river towns, or only like towns on the Great Lakes. We don’t generally think of Wisconsin as an especially developed state. However, it had 240 national banks in 131 different towns. There are dozens of ways to collect. It all depends on what you like. The notes that sell the best usually have an X factor. That X factor could be the type of note, the serial number, or the signor.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Madison, WI. We can tell you how much your $10 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.