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We Paid $11,000!

Rare $5 1902 Red Seal Bill from The Peoples National Bank of Elkins, WV

Bank Name:  The Peoples National Bank of Elkins

State:  WV – West Virginia

Charter Number:  8376

Lifetime:  Operated 1906 to 1934 | Total Issue – $244,900

Series:  $5 – 1902 Red Seal National Banknote

Sheets Printed:  410

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

Basic Design:

Rarity and Value:  Ben Harrison is shown on each third charter $5 bank note. Five dollar red seals are scarce. Most banks chose to issue $10 and $20 bills only. We can’t give you an exact value for your red seal on our page here. Values are based on the condition and bank of issue. Generic examples sell for around $400. A large majority will be worth more than. Some could be worth considerably more. Please contact us for details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

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 Peoples National Bank of Elkins, WV. 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.

Info@RareCurrency.com – 864-430-4020

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