Bank Name: The First National Bank of Chattanooga
State: TN – Tennessee
Charter Number: 1606
Lifetime: Operated 1865 to 1934 | Total Issue – $22,845,680
Series: $2 – Original Series National Banknote
Sheets Printed: 5,900
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: These are scarce notes. It is rare for a bank to have more than one or two survivors for this low denomination. The reason for the low rate of survival is that very few were printed. Two dollar bills have often been considered unlucky in past generations. So if you had one then you spent it quickly. Collectors call these “lazy deuces”. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: We personally love national bank notes from Tennessee. Sadly, there are not a whole lot of people who feel that way. A couple of very important collections have sold in the past five years, and they simply didn’t do very well. The problem is that there is an oversupply of notes from cities like Knoxville, Nashville, Chattanooga, and Memphis. For a national from Tennessee to be worth really big money it truly has to be rare. We are talking about serial number one red seals, unique brown backs, and rare denominations from the first charter period. That is not to say that blue seals and small size notes can’t be rare. However, the people spending big money on notes want something really special.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Chattanooga, TN. We can tell you how much your $2 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.