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We Paid $11,000!

Rare $20 1929 Type2 Bill from The Oconomowoc National Bank of Oconomowoc, WI

Bank Name:  The Oconomowoc National Bank of Oconomowoc

State:  WI – Wisconsin

Charter Number:  13616

Lifetime:  Operated 1932 to 1935 | Total Issue – $52,150

Series:  $20 – 1929 Type2 National Bank Note

Sheets Printed:  321

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:  It is difficult to describe the Wisconsin national bank note market in one word. A huge collection was sold in 2008 and prices were generally thought to be strong then, but the market is likely off of those highs. Different parts of the state and different towns are always hot and other areas just don’t seem to have much of a following. We know collectors who only like Wisconsin river towns, or only like towns on the Great Lakes. We don’t generally think of Wisconsin as an especially developed state. However, it had 240 national banks in 131 different towns. There are dozens of ways to collect. It all depends on what you like. The notes that sell the best usually have an X factor. That X factor could be the type of note, the serial number, or the signor.

We Are Buyers!!!

We buy all antique paper money issued by The Oconomowoc National Bank of Oconomowoc, WI. 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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