Bank Name: The National Exchange Bank of Houston
State: TX – Texas
Charter Number: 2092
Lifetime: Operated 1873 to 1880 | Total Issue – $69,990
Series: $1 – 1875 National Banknote
Sheets Printed: 202
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: There is no one word to accurately describe the market for Texas nationals. The state is so expansive and there are so many banks and towns that each bank is really its own market. A general rule across the entire state is that first charter notes are scarce. Other than that, brown backs and red seals could be worth $10,000 or they could be worth $500. The rarest blue seals usually top out at around $5,000. We can’t talk about Texas nationals without talking about The Philpott/Moody collection. It consists of thousands nationals and they are usually the best and rarest examples for each bank. The reality is that there are hundreds of very rare Texas nationals and hundreds more waiting to be found.
We Are Buyers!!!
We buy all antique paper money issued by The National Exchange Bank of Houston, TX. 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.