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We Paid $11,000!

Rare $10 1902 Red Seal Bill from The First National Bank of Philippi, WV

Bank Name:  The First National Bank of Philippi

State:  WV – West Virginia

Charter Number:  6302

Lifetime:  Operated 1902 to 1934 | Total Issue – $734,470

Series:  $10 – 1902 Red Seal National Banknote

Sheets Printed:  2,370

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 First National Bank of Philippi, 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.

Info@RareCurrency.com – 864-430-4020

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