Bank Name: The National Exchange Bank of Newport
State: RI – Rhode Island
Charter Number: 1565
Lifetime: Operated 1865 to 1926 | Total Issue – $2,459,160
Series: $20 – 1902 Blue Seal National Banknote
Sheets Printed: 15,834
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: The market for national bank notes from Rhode Island is about the same as every other New England state. There really aren’t any rare towns. However, there are rare banks and rare types are always in demand. First charter $2s, $20s, $50s, and $100s always sell for good money. Most collectors also like high grade notes no matter the type. You are going to see lots of notes from Providence. In fact only twenty-two other towns even had a national bank that issued currency. Rhode Island also has a rich history of banking during the obsolete era. Many people who collect national bank notes also like obsolete bank notes and colonial currency. Rhode Island definitely has a rich numismatic history.
We Are Buyers!!!
We buy all antique paper money issued by The National Exchange Bank of Newport, RI. 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.