Bank Name: The First National Bank of Council Grove
State: KS – Kansas
Charter Number: 2001
Lifetime: Operated 1872 to 1876 | Total Issue – $44,400
Series: $5 – 1875 National Banknote
Sheets Printed: 15
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: This is generally considered the most common first charter note available. However, don’t get the word common confused with cheap. Some of these notes can be extremely valuable. It really just depends on the condition and bank of issue. The most generic examples might only be worth several hundred dollars. Rarer examples could be worth many times more than that. Contact us for details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: There are dozens, if not hundreds of truly rare and amazing notes from Kansas that should be worth two or three times more than what they sell for in today’s market. The problem is that Kansas had lots of national banks and it just doesn’t have a very strong collector base today. For example, a three known blue seal from Florida might sell for $10,000. A note with the exact same rarity from a Kansas bank might not even sell for $1,500. It is just one of those simple supply and demand things. The quantity of great material far outweighs the number of people looking to buy it. Let’s hope that prices will increase in the future as buyers start to make bargain purchases and accidently turn into long-term collectors.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Council Grove, KS. We can tell you how much your $5 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.