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We Paid $11,000!

Rare $5 1929 Type2 Bill from The First National Bank of Elko, NV

Bank Name:  The First National Bank of Elko

State:  NV – Nevada

Charter Number:  7743

Lifetime:  Operated 1905 to 1935 | Total Issue – $1,811,480

Series:  $5 – 1929 Type2 National Bank Note

Sheets Printed:  1,898

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:  There are loads of scarce and very valuable notes from Nevada. There are just two first charter notes known to exist. The census shows only a single brown back. Only four red seals exist from banks outside of Reno. Plenty of blue seals have the chance to be rare as well. Any note from Rhyolite or Austin would be a tremendous find. You have to remember that the demographics of Nevada were very different a century ago when national currency regularly circulated. Most of the population consisted of ranchers and transient miners. A large supply of currency was not needed. Very few cities could support national banks. That is why there is such a limited supply of bank notes to go around today.

We Are Buyers!!!

We buy all antique paper money issued by The First National Bank of Elko, NV. 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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