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We Paid $11,000!

Rare $20 1902 Red Seal Bill from The Boyd National Bank of Boyd, MN

Bank Name:  The Boyd National Bank of Boyd

State:  MN – Minnesota

Charter Number:  6571

Lifetime:  Operated 1903 to 1921 | Total Issue – $47,650

Series:  $20 – 1902 Red Seal National Banknote

Sheets Printed:  400

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

Basic Design:

Rarity and Value:  Hugh McCulloch is pictured on each $20 third charter note. If you don’t know yet, then let us be the first to share the good news. 1902 $20 red seals are rare. Only the most common examples will sell for less than $1,000. Notes that are high grade or from rare banks could be worth several thousand dollars. Please contact us if you need an exact value. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  It is really easy to like national bank notes from Minnesota. Lots of little fancifully named communities had their own national bank. Many notes are hand-signed, which is always a bonus. In the late 1800s and early 1900s there were lots of European immigrants in Minnesota. They were fond of hoarding cash. Many otherwise very rare bank notes have been saved thanks to cash hoards that were discovered after decades in hiding. The good news is that there is no one area of Minnesota that is more desirable than another. The bad news is that prices for Minnesota notes are probably down 30% off their highs. However, rare and high grade notes still don’t have very much trouble finding a qualified home quickly.

We Are Buyers!!!

We buy all antique paper money issued by The Boyd National Bank of Boyd, MN. 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.

Info@RareCurrency.com – 864-430-4020

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