Bank Name: The Security National Bank of Palouse
State: WA – Washington
Charter Number: 12184
Lifetime: Operated 1922 to 1935 | Total Issue – $172,850
Series: $5 – 1929 Type1 National Banknote
Sheets Printed: 1,880
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 Abraham Lincoln.
Current Market Analysis: We are surprised at how much the market for Washington national bank notes has softened since it peaked around 2006. It seems like the state has a lot to offer. First off, there are plenty of wealthy collectors living there. Geography really isn’t that important either, which is refreshing. The top 3% of the market is still very capable of being worth staggering amount of money, but it is the top 20% that we think should be worth more. You can challenge yourself by trying to collect just territorials, which would be quite difficult and expensive. Nice 1882 brown backs and 1902 red seals are scarce. There are even plenty of blue seal banks that are considered rare.
We Are Buyers!!!
We buy all antique paper money issued by The Security National Bank of Palouse, WA. 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.