Bank Name: The Mutual National Bank of New Orleans
State: LA – Louisiana
Charter Number: 1898
Lifetime: Operated 1871 to 1897 | Total Issue – $581,950
Series: $20 – Original Series National Banknote
Sheets Printed: 3,500
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: We once heard a collector refer to these as “rare as hens teeth.” While they may not be quite that rare, nice looking examples really are few and far between. You could buy a lot of things with $20 in the 1860s and 1870s. There was no incentive to hold a $20 bill just because you liked it. If you had one, then you spent it. These are not considered traditional rarities, but they are by all means rare. Contact us for value information. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: If you want a collecting challenge, try to find notes from towns besides New Orleans that are in VF condition or better. Many notes from Louisiana are just plain scarce. The state itself is fun to collect. The banks in New Orleans printed enough money that lots of interesting types are available for reasonable prices. However, it will be tough to find notes with great eye appeal. We see lots of notes with faded signatures. The weather and humidity have not been kind to the survivors waiting to be found. In fact, Hurricane Katrina severely damaged at least two collections we know about. We have handed some great Louisiana rarities, but they are still few and far between.
We Are Buyers!!!
We buy all antique paper money issued by The Mutual National Bank of New Orleans, LA. 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.