Bank Name: The First National Bank of Eugene
State: OR – Oregon
Charter Number: 3458
Lifetime: Operated 1913 to 1935 | Total Issue – $962,080
Series: $5 – 1929 Type2 National Bank Note
Sheets Printed: 3,634
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: At first glance you would probably expect the market for Oregon national bank notes to be better than it is. First charters from the state are especially rare. There are lots of very rare brown back and red seal banks. The general economy in Oregon is good, so plenty of collectors have money to spend. One of the problems is that there are lots of notes in private collections that are not recorded in the census of known notes. Something might appear to be one of three known to exist. It could actually very well be one of ten. So there is some risk if you are buying a blue seal or small size note. Notes issued before 1908 are legitimately rare. The best notes from Oregon can still be worth a lot of money.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Eugene, OR. 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.