Bank Name: The First National Bank of Bayonne
State: NJ – New Jersey
Charter Number: 8454
Lifetime: Operated 1906 to 1913 | Total Issue – $688,700
Series: $5 – 1902 Red Seal National Banknote
Sheets Printed: 3,000
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: Ben Harrison is shown on each third charter $5 bank note. Five dollar red seals are scarce. Most banks chose to issue $10 and $20 bills only. We can’t give you an exact value for your red seal on our page here. Values are based on the condition and bank of issue. Generic examples sell for around $400. A large majority will be worth more than. Some could be worth considerably more. Please contact us for details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: New Jersey has a large and often wealthy population. This is good news if you are looking to sell a national bank note from an old New Jersey bank. The location of the town matters a lot. There are significant premiums for notes from shore banks. Towns that are typically considered part of the New York City metro area tend to be popular. Bank notes from other places in New Jersey can struggle to find support once more than three or four are known to exist. The type of note issued is also important. First charters are traditionally fairly scarce. High grade second charter notes and 1902 red seals are certainly in demand. There is even a lot of competition for truly rare 1929 notes.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Bayonne, NJ. We can tell you how much your $5 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.