Bank Name: The Citizens National Bank of Pennsboro
State: WV – West Virginia
Charter Number: 7246
Lifetime: Operated 1904 to 1929 | Total Issue – $518,440
Series: $10 – 1902 Red Seal National Banknote
Sheets Printed: 1,350
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: William McKinley is featured on each $10 third charter note. The ten dollar denomination is the most common 1902 red seal. However, it is still usually quite scarce. Red seals were only printed between 1902 and 1908. Survivors usually represent the best available note from a bank. The exact value is always based on the condition and bank of issue. It is not unusual for scarcer examples to be worth thousands of dollars. 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 West Virginia nationals suffers from the fact that most collectors in the state don’t have limitless budgets to work with. Wealthy national bank note collectors who don’t live in West Virginia really have no connection to the state to make them want to collect it. We have had some really rare and beautiful notes from West Virginia that we feel like should have been worth two times more than what we eventually sold the notes for. It is surprising, but lots of high grade and early notes exist from the state. We think the history surrounding the small coal towns that issued many WV notes is especially interesting. Sadly though, we don’t see the market getting stronger any time soon.
We Are Buyers!!!
We buy all antique paper money issued by The Citizens National Bank of Pennsboro, WV. 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.