Bank Name: The First National Bank of Preston
State: ID – Idaho
Charter Number: 7526
Lifetime: Operated 1904 to 1931 | Total Issue – $399,840
Series: $10 – 1929 Type1 National Banknote
Sheets Printed: 341
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: There is no single 1929 small size note that is rare as a type. The value comes from the serial number and bank of issue. The majority of notes are worth between $40 and $400. That range can certainly go higher for truly rare examples. Notes that have the serial number 000001 are in demand. That is really the only advice we can give here. Just contact us directly with pictures of what you have and we can tell you exactly how much it is worth. It is worth noting that 1929 marks the first year that national bank notes were the same size as paper money is today. These are also the only nationals to feature a portrait of Alexander Hamilton.
Current Market Analysis: All first charter bank notes from Idaho are very scarce. Brown backs can either be issued as territorials or as state notes. Territorials are of course far more desirable. However, even state notes are still in demand. There are a surprising number of nice red seals known from Idaho. However, that doesn’t mean that they are cheap. Of course the bank of issue is always very important. Most notes you see are from Boise. Notes from smaller towns are going to be more appealing to most collectors. Towns that have ties to Native American tribes like Nez Perce, Blackfoot, etc. are always very popular. There are plenty of notes from small farming towns that can be worth big money.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Preston, ID. 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.