Bank Name: The First National Bank of Alderson
State: WV – West Virginia
Charter Number: 5903
Lifetime: Operated 1901 to 1935 | Total Issue – $1,589,100
Series: $20 – 1929 Type2 National Bank Note
Sheets Printed: 984
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: The market for West Virginia nationals suffers from the fact that most collectors in the state don’t have limitless budgets to work with. Wealthy national bank note collectors who don’t live in West Virginia really have no connection to the state to make them want to collect it. We have had some really rare and beautiful notes from West Virginia that we feel like should have been worth two times more than what we eventually sold the notes for. It is surprising, but lots of high grade and early notes exist from the state. We think the history surrounding the small coal towns that issued many WV notes is especially interesting. Sadly though, we don’t see the market getting stronger any time soon.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Alderson, WV. 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.