Bank Name: The City National Bank of Knoxville
State: TN – Tennessee
Charter Number: 3837
Lifetime: Operated 1888 to 1932 | Total Issue – $11,803,860
Series: $20 – 1929 Type1 National Banknote
Sheets Printed: 3,120
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: There is no single 1929 small size note that is rare as a type. The value comes from the serial number and bank of issue. The majority of notes are worth between $40 and $400. That range can certainly go higher for truly rare examples. Notes that have the serial number 000001 are in demand. That is really the only advice we can give here. Just contact us directly with pictures of what you have and we can tell you exactly how much it is worth. It is worth noting that 1929 marks the first year that national bank notes were the same size as paper money is today. These are also the only nationals to feature a portrait of Andrew Jackson.
Current Market Analysis: We personally love national bank notes from Tennessee. Sadly, there are not a whole lot of people who feel that way. A couple of very important collections have sold in the past five years, and they simply didn’t do very well. The problem is that there is an oversupply of notes from cities like Knoxville, Nashville, Chattanooga, and Memphis. For a national from Tennessee to be worth really big money it truly has to be rare. We are talking about serial number one red seals, unique brown backs, and rare denominations from the first charter period. That is not to say that blue seals and small size notes can’t be rare. However, the people spending big money on notes want something really special.
We Are Buyers!!!
We buy all antique paper money issued by The City National Bank of Knoxville, TN. 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.