Bank Name: The First National Bank of Port Townsend
State: WA – Washington
Charter Number: 2948
Lifetime: Operated 1883 to 1931 | Total Issue – $322,410
Series: $20 – 1882 Brown Back National Banknote (Territorial)
Sheets Printed: 775
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: These are surprisingly rare bank notes. Right around 50 are known to exist from all territorial banks throughout the country. However, they don’t trade for premiums over other denominations that are considerably more common. The exact value of any bank note like this is still just based on the condition and issuing bank. Contact us if you want to know what yours is worth. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: We are surprised at how much the market for Washington national bank notes has softened since it peaked around 2006. It seems like the state has a lot to offer. First off, there are plenty of wealthy collectors living there. Geography really isn’t that important either, which is refreshing. The top 3% of the market is still very capable of being worth staggering amount of money, but it is the top 20% that we think should be worth more. You can challenge yourself by trying to collect just territorials, which would be quite difficult and expensive. Nice 1882 brown backs and 1902 red seals are scarce. There are even plenty of blue seal banks that are considered rare.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Port Townsend, WA. 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.