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We Paid $11,000!

Rare $20 1902 Red Seal Territory Bill from The Raton National Bank of Raton, NM

Bank Name:  The Raton National Bank of Raton

State:  NM – New Mexico

Charter Number:  8120

Lifetime:  Operated 1906 to 1911 | Total Issue – $193,100

Series:  $20 – 1902 Red Seal National Banknote (Territorial)

Sheets Printed:  2,400

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

Basic Design:

Rarity and Value:  We love territorial red seals, it doesn’t matter the denomination, bank of issue, or condition. We have handled lots of them and always enjoy seeing new discoveries. There are only about 30 red seals known from the $20 denomination. All of them should be considered at least scarce. Please contact us if you would like to find out how much yours is worth. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  New Mexico did not become a state until 1912. That means that everything issued before 1912 is a territorial. Believe it or not, there is actually a wide selection of territorials from New Mexico. First charters, brown backs, and red seals all exist in relatively high numbers. However, that does not mean that they are cheap. We personally really enjoy territorial blue seals. There are also some rare towns from New Mexico. That is the good news. The bad news is that there are very few rare state notes (those issued after 1912) out there. As of this writing, there is not an especially strong collector base supporting the price of New Mexico nationals. Most buyers are just looking for one or two cool territorials.

We Are Buyers!!!

We buy all antique paper money issued by The Raton National Bank of Raton, NM . 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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Email: Info@RareCurrency.com
Phone: (864) 430-4020
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