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We Paid $11,000!

Rare $5 1929 Type2 Bill from The Lancaster National Bank of Lancaster, OH

Bank Name:  The Lancaster National Bank of Lancaster

State:  OH – Ohio

Charter Number:  9547

Lifetime:  Operated 1909 to 1935 | Total Issue – $964,930

Series:  $5 – 1929 Type2 National Bank Note

Sheets Printed:  828

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:  The market for Ohio national bank notes is very weak right now. There is still reasonable demand if you have a truly unique note. However, second and third known blue seals are can sometimes sell for less than $1,500. The problem with the market is that Ohio had hundreds of national banks and the supply of notes is huge. Today the state is economically depressed and collectors just don’t have a lot of money to spend. So the supply of rare notes is high and the demand is especially low. Obviously that is a poor combination if you are trying to sell something for a lot of money. The great news is that if you are collector you can spend a little bit of money and get a lot of value in return.

We Are Buyers!!!

We buy all antique paper money issued by The Lancaster National Bank of Lancaster, OH. 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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