Bank Name: The Deseret National Bank of Salt Lake City
State: UT – Utah
Charter Number: 2059
Lifetime: Operated 1872 to 1935 | Total Issue – $11,094,180
Series: $20 – 1875 National Banknote (Territorial)
Sheets Printed: 1,250
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: Twenty dollars was a large sum of money before 1890, which is when most of these were issued. Only a half dozen are currently known to exist. That total accounts for all territorial banks in the country. Needless to say, these are rare and valuable. The exact value is based on two factors; those are the condition and issuing bank. Please contact us for more value information. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: Utah only had eighteen different towns with national banks that issued currency. At least a couple of the towns are still unreported today. The market for Utah national bank notes is generally good, but you have to have something worth buying to capitalize on the strong market. Utah did not become a state until 1896. Anything issued while it was still a territory is certainly desirable. 1902 red seals are especially scarce from Utah. Some blue seals are fairly rare. We are specifically talking about Beaver City, Coalville, Delta, Layton, and Myton. If you are into Mormon history then you can collect by signors; some bankers were famous within the church. Brigham Young even signed some notes.
We Are Buyers!!!
We buy all antique paper money issued by The Deseret National Bank of Salt Lake City, UT. 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.