Bank Name: The Merchants National Bank of West Virginia of Morgantown
State: WV – West Virginia
Charter Number: 1502
Lifetime: Operated 1865 to 1888 | Total Issue – $419,730
Series: $20 – 1875 National Banknote
Sheets Printed: 1,912
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: There are about 500 bank notes like this known to exist. That total is for every bank in the country though. Each note is valued based on its own individual merits. The most important factors are the bank of issue and the condition. Some banks are relatively common and others are quite scarce. High grade notes from this series are also rarely encountered. We consider XF or better to be 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: The market for West Virginia nationals suffers from the fact that most collectors in the state don’t have limitless budgets to work with. Wealthy national bank note collectors who don’t live in West Virginia really have no connection to the state to make them want to collect it. We have had some really rare and beautiful notes from West Virginia that we feel like should have been worth two times more than what we eventually sold the notes for. It is surprising, but lots of high grade and early notes exist from the state. We think the history surrounding the small coal towns that issued many WV notes is especially interesting. Sadly though, we don’t see the market getting stronger any time soon.
We Are Buyers!!!
We buy all antique paper money issued by The Merchants National Bank of West Virginia of Morgantown, WV. We can tell you how much your $20 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.