Bank Name: The First National Bank of Morristown
State: TN – Tennessee
Charter Number: 3432
Lifetime: Operated 1886 to 1933 | Total Issue – $1,439,170
Series: $20 – 1902 Blue Seal National Banknote
Sheets Printed: 19,352
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: Hugh McCulloch twenty dollar blue seals as a type are not especially rare. You could buy a very common one for less than $100. Most people collect them based on which state or bank they are from. Some can be very rare. Most trade in the $100 to $400 range. However, you definitely want to make sure you understand what you have before you sell. Rare examples can be worth thousands of dollars. Contact us for an exact value. 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 Morristown, TN. 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.