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We Paid $11,000!

Rare $10 1929 Type2 Bill from The First National Bank of Mayfield, KY

Bank Name:  The First National Bank of Mayfield

State:  KY – Kentucky

Charter Number:  2245

Lifetime:  Operated 1875 to 1935 | Total Issue – $3,328,580

Series:  $10 – 1929 Type2 National Bank Note

Sheets Printed:  6,410

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:  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 Mayfield, KY. 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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