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We Paid $11,000!

Rare $1 1875 Bill from The First National Bank of Covington, KY

Bank Name:  The First National Bank of Covington

State:  KY – Kentucky

Charter Number:  718

Lifetime:  Operated 1864 to 1926 | Total Issue – $11,601,760

Series:  $1 – 1875 National Banknote

Sheets Printed:  1,000

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

Basic Design:

Rarity and Value:  This denomination was only printed from 1875 until 1878. That is a very short period of time. It is no surprise that these are usually at least scarce and sometimes quite rare. One dollar was not a tremendous amount of money, so it was possible for these to be saved as curiosity items. Prices start at around $400 and go up quickly from there. We would be happy to tell you what yours is worth. Just email us. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  If you follow the market for national bank notes then you know that it is cyclical. In the 1990’s good notes from Kentucky were worth as much money as notes from any state. However, within an 18-month period in the early part of the 21st century the two largest collectors dumped their collections and there was no one else there to prop up prices. To make matters worse, all types of notes from Kentucky are relatively plentiful from first charters to red seals. However, if you study the market then you will see lots of great notes that are still relatively affordable. We personally love all of the fancifully named towns and notes from the old forgotten mining communities.

We Are Buyers!!!

We buy all antique paper money issued by The First National Bank of Covington, KY. We can tell you how much your $1 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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