Bank Name: The Union National Bank of Newport
State: RI – Rhode Island
Charter Number: 2554
Lifetime: Operated 1881 to 1912 | Total Issue – $1,236,900
Series: $10 – 1875 National Banknote
Sheets Printed: 13,093
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: The market for national bank notes from Rhode Island is about the same as every other New England state. There really aren’t any rare towns. However, there are rare banks and rare types are always in demand. First charter $2s, $20s, $50s, and $100s always sell for good money. Most collectors also like high grade notes no matter the type. You are going to see lots of notes from Providence. In fact only twenty-two other towns even had a national bank that issued currency. Rhode Island also has a rich history of banking during the obsolete era. Many people who collect national bank notes also like obsolete bank notes and colonial currency. Rhode Island definitely has a rich numismatic history.
We Are Buyers!!!
We buy all antique paper money issued by The Union National Bank of Newport, RI. 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.