Bank Name: The First National Bank of Newton
State: KS – Kansas
Charter Number: 2777
Lifetime: Operated 1882 to 1935 | Total Issue – $501,580
Series: $100 – 1902 Red Seal National Banknote
Sheets Printed: 462
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: A portrait of John Jay is on the front of each third charter national bank note. 1902 $100 red seals are very rare as a type. Only around 125 are known to exist. Even notes from large banks in heavily circulated condition should still be worth around $4,000. That price can get much higher if the note is from a rare bank, rare state, or is in high grade. 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 dozens, if not hundreds of truly rare and amazing notes from Kansas that should be worth two or three times more than what they sell for in today’s market. The problem is that Kansas had lots of national banks and it just doesn’t have a very strong collector base today. For example, a three known blue seal from Florida might sell for $10,000. A note with the exact same rarity from a Kansas bank might not even sell for $1,500. It is just one of those simple supply and demand things. The quantity of great material far outweighs the number of people looking to buy it. Let’s hope that prices will increase in the future as buyers start to make bargain purchases and accidently turn into long-term collectors.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Newton, KS. We can tell you how much your $100 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.