Bank Name: The Newport National Bank of Newport
State: RI – Rhode Island
Charter Number: 1492
Lifetime: Operated 1865 to 1935 | Total Issue – $3,212,145
Series: $100 – 1929 Type1 National Banknote
Sheets Printed: 36
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 Benjamin Franklin as the central image.
Current Market Analysis: The market for national bank notes from Rhode Island is about the same as every other New England state. There really aren’t any rare towns. However, there are rare banks and rare types are always in demand. First charter $2s, $20s, $50s, and $100s always sell for good money. Most collectors also like high grade notes no matter the type. You are going to see lots of notes from Providence. In fact only twenty-two other towns even had a national bank that issued currency. Rhode Island also has a rich history of banking during the obsolete era. Many people who collect national bank notes also like obsolete bank notes and colonial currency. Rhode Island definitely has a rich numismatic history.
We Are Buyers!!!
We buy all antique paper money issued by The Newport National Bank of Newport, RI. 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.