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We Paid $11,000!

Rare $10 Bill from The First National Bank of Mason City, IL

Bank Name:  The First National Bank of Mason City

State:  IL – Illinois

Charter Number:  1850

Lifetime:  Operated 1871 to 1898 | Total Issue – $256,150

Series:  $10 – Original Series National Banknote

Sheets Printed:  420

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

Basic Design:

Rarity and Value:  These aren’t traditionally thought of as especially rare bank notes. However, try to find an example in VF condition or better at will. It is tough to do. Many early banks only issued denominations of $5 and lower. Ten dollars went a long way in the 1860s and early 1870s. If you were fortunate enough to have a $10 bill then you probably spent it. That is why most examples tend to be heavily circulated. Contact us for value information. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  National bank notes from the Midwest typically struggle to sell for the same prices as equally rare notes from western and southern states. The plethora of notes available from Chicago banks really brings the value of many other notes from Illinois down. There are still plenty of collectors looking to buy notes from the wealthy suburbs in Chicagoland. Even Illinois banks in the St. Louis metro area have a close following. However, don’t expect rare notes from small farming communities to be worth tremendous amounts of money. They just don’t have a following amongst the people in the hobby who are paying up for interesting notes. The supply tends to outweigh the demand in today’s market.

We Are Buyers!!!

We buy all antique paper money issued by The First National Bank of Mason City, IL. 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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