Bank Name: The National Bank of Chilhowie
State: VA – Virginia
Charter Number: 8875
Lifetime: Operated 1907 to 1935 | Total Issue – $438,150
Series: $20 – 1902 Red Seal National Banknote
Sheets Printed: 562
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 a lot of rare national bank notes from Virginia. New discoveries are frequently made and that always helps the collector base stay hungry. Virginia probably peaked in terms of value in the early 2000’s, but the good stuff can still sell for plenty of money. Of course Virginia is one of the oldest and wealthiest states in the country, so plenty of first charter notes exist and they are not always prohibitively expensive. Most of those notes are from big cities like Richmond and Norfolk. Many collectors are looking for notes from smaller towns. Surprisingly, 1929 small size notes from Virginia are quite popular. Anything with rarity and eye appeal should find a good home quickly.
We Are Buyers!!!
We buy all antique paper money issued by The National Bank of Chilhowie, VA. 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.