Bank Name: The First National Bank of Reno
State: NV – Nevada
Charter Number: 2478
Lifetime: Operated 1880 to 1896 | Total Issue – $162,080
Series: $20 – 1875 National Banknote
Sheets Printed: 2,026
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: There are about 500 bank notes like this known to exist. That total is for every bank in the country though. Each note is valued based on its own individual merits. The most important factors are the bank of issue and the condition. Some banks are relatively common and others are quite scarce. High grade notes from this series are also rarely encountered. We consider XF or better to be 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 First National Bank of Reno, NV. We can tell you how much your $20 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.