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We Paid $11,000!

Rare $5 1929 Bill from The First National Bank in Raton, NM

Bank Name:  The First National Bank in Raton

State:  NM – New Mexico

Charter Number:  12924

Lifetime:  Operated 1926 to 1935 | Total Issue – $609,600

Series:  $5 – 1929 Type1 National Banknote

Sheets Printed:  6,416

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

Basic Design:

Rarity and Value:  There is no single 1929 small size note that is rare as a type. The value comes from the serial number and bank of issue. The majority of notes are worth between $40 and $400. That range can certainly go higher for truly rare examples. Notes that have the serial number 000001 are in demand. That is really the only advice we can give here. Just contact us directly with pictures of what you have and we can tell you exactly how much it is worth. It is worth noting that 1929 marks the first year that national bank notes were the same size as paper money is today. These are also the only nationals to feature a portrait of Abraham Lincoln.

Current Market Analysis:  New Mexico did not become a state until 1912. That means that everything issued before 1912 is a territorial. Believe it or not, there is actually a wide selection of territorials from New Mexico. First charters, brown backs, and red seals all exist in relatively high numbers. However, that does not mean that they are cheap. We personally really enjoy territorial blue seals. There are also some rare towns from New Mexico. That is the good news. The bad news is that there are very few rare state notes (those issued after 1912) out there. As of this writing, there is not an especially strong collector base supporting the price of New Mexico nationals. Most buyers are just looking for one or two cool territorials.

We Are Buyers!!!

We buy all antique paper money issued by The First National Bank in Raton, NM . 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.

Info@RareCurrency.com – 864-430-4020

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