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We Paid $11,000!

Rare $10 1902 Red Seal Territory Bill from The First National Bank of Fairfax, OK

Bank Name:  The First National Bank of Fairfax

State:  OK – Oklahoma

Charter Number:  7972

Lifetime:  Operated 1905 to 1932 | Total Issue – $205,420

Series:  $10 – 1902 Red Seal National Banknote (Territorial)

Sheets Printed:  187

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

Basic Design:

Rarity and Value:  We love territorial red seals, it doesn’t matter the denomination, bank of issue, or condition. We have handled lots of them and always enjoy seeing new discoveries. The ten dollar denomination is most often seen from banks in New Mexico and Oklahoma. Notes from Alaska, Arizona, Hawaii, and Puerto Rico were also issued, but they are much scarcer. Right around 100 are known to exist from all banks in the country. Please contact us if you need exact value information. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  Oklahoma was a territory until 1908. Anything issued before that date is called a territorial and is considered especially desirable. The one exception would be a 1902 red seal issued without the territorial status. The reality is that there are hundreds of scarce brown back, red seals, and blue seals from Oklahoma. The market is still generally strong, but it is down from the peak which was probably in 2011. We generally advise that first charter notes are the best notes available from any state. However, Oklahoma didn’t have any banks that issued first charters. Virtually every town in Oklahoma was tiny when nationals were originally issued. A large supply of currency was not needed to meet the demand of these small communities. That is why so bank notes are so scarce today.

We Are Buyers!!!

We buy all antique paper money issued by The First National Bank of Fairfax, OK. We can tell you how much your $10 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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Email: Info@RareCurrency.com
Phone: (864) 430-4020
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