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We Paid $11,000!

Rare $100 1902 Red Seal Bill from The Downingtown National Bank of Downingtown, PA

Bank Name:  The Downingtown National Bank of Downingtown

State:  PA – Pennsylvania

Charter Number:  661

Lifetime:  Operated 1864 to 1935 | Total Issue – $2,742,180

Series:  $100 – 1902 Red Seal National Banknote

Sheets Printed:  163

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

Basic Design:

Rarity and Value:  A portrait of John Jay is on the front of each third charter national bank note. 1902 $100 red seals are very rare as a type. Only around 125 are known to exist. Even notes from large banks in heavily circulated condition should still be worth around $4,000. That price can get much higher if the note is from a rare bank, rare state, or is in high grade. Please contact us for details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  The market for national bank notes from Pennsylvania is as good as it have ever been. The only problem is that the market has never been that great. More than 1,000 banks in Pennsylvania issued national currency. No one really has the budget or motivation to collect every single note from the state. Most collectors tend to focus on a specific county or city. Notes from Philadelphia and its surrounding suburbs have a close following, but most notes are plentiful. Some people really like Grange banks. All types of notes are so plentiful that you could focus on just brown backs or just red seals and still be able to assemble a diverse and interesting collection without spending a tremendous amount of money.

We Are Buyers!!!

We buy all antique paper money issued by The Downingtown National Bank of Downingtown, PA. We can tell you how much your $100 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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