Bank Name: The Nixon National Bank of Reno
State: NV – Nevada
Charter Number: 8424
Lifetime: Operated 1906 to 1932 | Total Issue – $10,145,450
Series: $100 – 1902 Red Seal National Banknote
Sheets Printed: 3,000
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: There are loads of scarce and very valuable notes from Nevada. There are just two first charter notes known to exist. The census shows only a single brown back. Only four red seals exist from banks outside of Reno. Plenty of blue seals have the chance to be rare as well. Any note from Rhyolite or Austin would be a tremendous find. You have to remember that the demographics of Nevada were very different a century ago when national currency regularly circulated. Most of the population consisted of ranchers and transient miners. A large supply of currency was not needed. Very few cities could support national banks. That is why there is such a limited supply of bank notes to go around today.
We Are Buyers!!!
We buy all antique paper money issued by The Nixon National Bank of Reno, NV. 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.