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We Paid $11,000!

Rare $20 1902 Red Seal Bill from The First National Bank of Medical Lake, WA

Bank Name:  The First National Bank of Medical Lake

State:  WA – Washington

Charter Number:  9030

Lifetime:  Operated 1908 to 1935 | Total Issue – $445,480

Series:  $20 – 1902 Red Seal National Banknote

Sheets Printed:  400

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:  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 Medical Lake, 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.

Info@RareCurrency.com – 864-430-4020

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