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We Paid $11,000!

Rare $2 Bill from The National Bank Texas of Galveston, TX

Bank Name:  The National Bank Texas of Galveston

State:  TX – Texas

Charter Number:  1642

Lifetime:  Operated 1866 to 1890 | Total Issue – $306,040

Series:  $2 – Original Series National Banknote

Sheets Printed:  4,280

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

Basic Design:

Rarity and Value:  These are scarce notes. It is rare for a bank to have more than one or two survivors for this low denomination. The reason for the low rate of survival is that very few were printed. Two dollar bills have often been considered unlucky in past generations. So if you had one then you spent it quickly. Collectors call these “lazy deuces”. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  There is no one word to accurately describe the market for Texas nationals. The state is so expansive and there are so many banks and towns that each bank is really its own market. A general rule across the entire state is that first charter notes are scarce. Other than that, brown backs and red seals could be worth $10,000 or they could be worth $500. The rarest blue seals usually top out at around $5,000. We can’t talk about Texas nationals without talking about The Philpott/Moody collection. It consists of thousands nationals and they are usually the best and rarest examples for each bank. The reality is that there are hundreds of very rare Texas nationals and hundreds more waiting to be found.

We Are Buyers!!!

We buy all antique paper money issued by The National Bank Texas of Galveston, TX. We can tell you how much your $2 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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