Bank Name: The Union National Bank of Macomb
State: IL – Illinois
Charter Number: 1872
Lifetime: Operated 1871 to 1935 | Total Issue – $1,937,020
Series: $10 – 1875 National Banknote
Sheets Printed: 1,976
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: National bank notes from the Midwest typically struggle to sell for the same prices as equally rare notes from western and southern states. The plethora of notes available from Chicago banks really brings the value of many other notes from Illinois down. There are still plenty of collectors looking to buy notes from the wealthy suburbs in Chicagoland. Even Illinois banks in the St. Louis metro area have a close following. However, don’t expect rare notes from small farming communities to be worth tremendous amounts of money. They just don’t have a following amongst the people in the hobby who are paying up for interesting notes. The supply tends to outweigh the demand in today’s market.
We Are Buyers!!!
We buy all antique paper money issued by The Union National Bank of Macomb, IL. 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.