Bank Name: The Peoples National Bank of Gate City
State: VA – Virginia
Charter Number: 7135
Lifetime: Operated 1904 to 1931 | Total Issue – $401,240
Series: $10 – 1902 Red Seal National Banknote
Sheets Printed: 1,300
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: There are a lot of rare national bank notes from Virginia. New discoveries are frequently made and that always helps the collector base stay hungry. Virginia probably peaked in terms of value in the early 2000’s, but the good stuff can still sell for plenty of money. Of course Virginia is one of the oldest and wealthiest states in the country, so plenty of first charter notes exist and they are not always prohibitively expensive. Most of those notes are from big cities like Richmond and Norfolk. Many collectors are looking for notes from smaller towns. Surprisingly, 1929 small size notes from Virginia are quite popular. Anything with rarity and eye appeal should find a good home quickly.
We Are Buyers!!!
We buy all antique paper money issued by The Peoples National Bank of Gate City, VA. 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.