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We Paid $11,000!

Rare $10 1929 Type2 Bill from The First National Bank of Downey, CA

Bank Name:  The First National Bank of Downey

State:  CA – California

Charter Number:  11701

Lifetime:  Operated 1920 to 1935 | Total Issue – $224,660

Series:  $10 – 1929 Type2 National Bank Note

Sheets Printed:  1,148

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 Alexander Hamilton.

Current Market Analysis:  In the early part of the 21st century notes from California were especially hot. The reality is that most collectors who follow the state have been collecting for decades. So you have to have something really special to achieve the prices we were seeing ten years ago, because most collectors have very few holes in their collections left to fill. There were lots of blue seal banks in California that seem rare, but they don’t always bring values commiserate with their perceived rarity. The location of the bank also matters. Traditionally notes from the bay area and San Diego have been especially popular. It should go without saying that national gold bank notes from California have a special place in most currency collections.

We Are Buyers!!!

We buy all antique paper money issued by The First National Bank of Downey, CA. 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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