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We Paid $11,000!

Rare $10 Bill from The German National Bank of Covington, KY

Bank Name:  The German National Bank of Covington

State:  KY – Kentucky

Charter Number:  1847

Lifetime:  Operated 1871 to 1928 | Total Issue – $5,878,445

Series:  $10 – Original Series National Banknote

Sheets Printed:  3,200

Value:  Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020

Basic Design:

Rarity and Value:  These aren’t traditionally thought of as especially rare bank notes. However, try to find an example in VF condition or better at will. It is tough to do. Many early banks only issued denominations of $5 and lower. Ten dollars went a long way in the 1860s and early 1870s. If you were fortunate enough to have a $10 bill then you probably spent it. That is why most examples tend to be heavily circulated. Contact us for value information. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  If you follow the market for national bank notes then you know that it is cyclical. In the 1990’s good notes from Kentucky were worth as much money as notes from any state. However, within an 18-month period in the early part of the 21st century the two largest collectors dumped their collections and there was no one else there to prop up prices. To make matters worse, all types of notes from Kentucky are relatively plentiful from first charters to red seals. However, if you study the market then you will see lots of great notes that are still relatively affordable. We personally love all of the fancifully named towns and notes from the old forgotten mining communities.

We Are Buyers!!!

We buy all antique paper money issued by The German National Bank of Covington, KY. 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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