Bank Name: The First National Bank of Nephi
State: UT – Utah
Charter Number: 3537
Lifetime: Operated 1886 to 1935 | Total Issue – $783,920
Series: $5 – 1882 Brown Back National Banknote
Sheets Printed: 4,724
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: These are not rare as a type. Some are only worth a few hundred dollars. You really just need to pay attention to the bank of issue and condition. Some examples can be worth thousands of dollars. It is also interesting to note that James Garfield was the first person to be featured prominently on a national bank note. Each state also has a unique seal on the back left hand side of each note. Some collectors try to collect a seal from each state. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: Utah only had eighteen different towns with national banks that issued currency. At least a couple of the towns are still unreported today. The market for Utah national bank notes is generally good, but you have to have something worth buying to capitalize on the strong market. Utah did not become a state until 1896. Anything issued while it was still a territory is certainly desirable. 1902 red seals are especially scarce from Utah. Some blue seals are fairly rare. We are specifically talking about Beaver City, Coalville, Delta, Layton, and Myton. If you are into Mormon history then you can collect by signors; some bankers were famous within the church. Brigham Young even signed some notes.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Nephi, UT. 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.