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We Paid $11,000!

Rare $20 1902 Red Seal Bill from The First National Bank of Covina, CA

Bank Name:  The First National Bank of Covina

State:  CA – California

Charter Number:  5830

Lifetime:  Operated 1901 to 1935 | Total Issue – $608,260

Series:  $20 – 1902 Red Seal National Banknote

Sheets Printed:  1,220

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:  In the early part of the 21st century notes from California were especially hot. The reality is that most collectors who follow the state have been collecting for decades. So you have to have something really special to achieve the prices we were seeing ten years ago, because most collectors have very few holes in their collections left to fill. There were lots of blue seal banks in California that seem rare, but they don’t always bring values commiserate with their perceived rarity. The location of the bank also matters. Traditionally notes from the bay area and San Diego have been especially popular. It should go without saying that national gold bank notes from California have a special place in most currency collections.

We Are Buyers!!!

We buy all antique paper money issued by The First National Bank of Covina, CA. 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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Email: Info@RareCurrency.com
Phone: (864) 430-4020
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