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We Paid $11,000!

Rare $20 1902 Red Seal Bill from The Dosbaugh National Bank of Cedar Vale, KS

Bank Name:  The Dosbaugh National Bank of Cedar Vale

State:  KS – Kansas

Charter Number:  6530

Lifetime:  Operated 1902 to 1933 | Total Issue – $689,610

Series:  $20 – 1902 Red Seal National Banknote

Sheets Printed:  800

Value:  Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020

Basic Design:

Rarity and Value:  Hugh McCulloch is pictured on each $20 third charter note. If you don’t know yet, then let us be the first to share the good news. 1902 $20 red seals are rare. Only the most common examples will sell for less than $1,000. Notes that are high grade or from rare banks could be worth several thousand dollars. Please contact us if you need an exact value. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  There are dozens, if not hundreds of truly rare and amazing notes from Kansas that should be worth two or three times more than what they sell for in today’s market. The problem is that Kansas had lots of national banks and it just doesn’t have a very strong collector base today. For example, a three known blue seal from Florida might sell for $10,000. A note with the exact same rarity from a Kansas bank might not even sell for $1,500. It is just one of those simple supply and demand things. The quantity of great material far outweighs the number of people looking to buy it. Let’s hope that prices will increase in the future as buyers start to make bargain purchases and accidently turn into long-term collectors.

We Are Buyers!!!

We buy all antique paper money issued by The Dosbaugh National Bank of Cedar Vale, KS. 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.

Info@RareCurrency.com – 864-430-4020

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