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We Paid $11,000!

Rare $100 1902 Red Seal Bill from The First National Bank of Mount Vernon, IN

Bank Name:  The First National Bank of Mount Vernon

State:  IN – Indiana

Charter Number:  366

Lifetime:  Operated 1864 to 1923 | Total Issue – $1,227,100

Series:  $100 – 1902 Red Seal National Banknote

Sheets Printed:  826

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:  National bank notes from Indiana certainly aren’t romanticized or considered top trophy items. However, if you get the right mix of rarity and condition, then notes from Indiana can sell for as much money as traditionally more valuable states. Based on our experience, certain areas and towns tend to have hoarders looking to buy everything; even notes that should be common still sell for good money. Sadly, that rule only applies to about 5% of the common stuff out there. The other 95% can still be difficult to place. Pay close attention to town rarity. No single type of bank note is especially rare, the people collecting the state care about bank and town rarity over everything else.

We Are Buyers!!!

We buy all antique paper money issued by The First National Bank of Mount Vernon, IN. 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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