Bank Name: The First National Bank of Reading
State: PA – Pennsylvania
Charter Number: 125
Lifetime: Operated 1863 to 1921 | Total Issue – $2,779,380
Series: $20 – 1902 Red Seal National Banknote
Sheets Printed: 1,979
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: The market for national bank notes from Pennsylvania is as good as it have ever been. The only problem is that the market has never been that great. More than 1,000 banks in Pennsylvania issued national currency. No one really has the budget or motivation to collect every single note from the state. Most collectors tend to focus on a specific county or city. Notes from Philadelphia and its surrounding suburbs have a close following, but most notes are plentiful. Some people really like Grange banks. All types of notes are so plentiful that you could focus on just brown backs or just red seals and still be able to assemble a diverse and interesting collection without spending a tremendous amount of money.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Reading, PA. 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.