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We Paid $11,000!

Rare $20 Bill from The German National Bank of Memphis, TN

Bank Name:  The German National Bank of Memphis

State:  TN – Tennessee

Charter Number:  1636

Lifetime:  Operated 1866 to 1885 | Total Issue – $514,650

Series:  $20 – Original Series National Banknote

Sheets Printed:  1,020

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

Basic Design:

Rarity and Value:  We once heard a collector refer to these as “rare as hens teeth.” While they may not be quite that rare, nice looking examples really are few and far between. You could buy a lot of things with $20 in the 1860s and 1870s. There was no incentive to hold a $20 bill just because you liked it. If you had one, then you spent it. These are not considered traditional rarities, but they are by all means rare. Contact us for value information. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

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 German National Bank of Memphis, 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.

Info@RareCurrency.com – 864-430-4020

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