All twenty dollar bills from 1878 have a chance to be expensive and rare. The things that affect the value are the serial number, issuing bank, and condition. All $20 national bank notes from 1878 started at serial number one. If your note is the #1 note then it will be worth a significant premium. All collectible money is valued based on its condition. Twenty dollar bills in perfect condition are worth more than the same note in lesser condition. For every three ten dollar bills a national bank printed, it only issued one $20 bill. That fact makes most 1878 twenty dollar bills comparatively rare. Sadly, they don’t always trade at a premium with most dealers. However, we recognize the rarity and pay up because they are scarce. 1878 $20 bills are few and far between today because twenty dollars then is the equivalent to $1825 today. Paper money didn’t really become collectible until the 1960s. So there was really no incentive to save a $20 bill.
Fortunately for sellers, we buy all 1878 twenty dollar bills. We have paid more than $24,000 for some of the rarest examples. Contact us and we would be happy to make an offer on your bill.
Sales@AntiqueMoney.com – (864) 430-4020
These national banks issued 1878 $20 bills:
- Charter 2394 – Merchants National Bank of Georgetown, Colorado
- Charter 2388 – First National Bank of Wiilimantic, Connecticut
- Charter 2381 – National Bank of Smyrna, Delaware
- Charter 2386 – National State Bank of Bloomington, Illinois
- Charter 2390 – Greene County National Bank of Carrollton, Illinois
- Charter 2402 – First National Bank of Mount Sterling, Illinois
- Charter 2403 – Farmers National Bank of Valparaiso, Indiana
- Charter 2393 – National Exchange Bank of Lexington, Kentucky
- Charter 2396 – Berkshire National Bank of North Adams, Massachusetts
- Charter 2404 – Peoples National Bank of Marlborough, Massachusetts
- Charter 2379 – First National Bank of Milford, Michigan
- Charter 2387 – First National Bank of Cannon Falls, Minnesota
- Charter 2399 – Vineland National Bank, New Jersey
- Charter 2376 – Exchange National Bank of Olean, New York
- Charter 2378 – Nyack National Bank, New York
- Charter 2378 – Nyack National Bank & Trust Company, New York
- Charter 2383 – Commercial National Bank of Rochester, New York
- Charter 2398 – First National Bank of Homer, New York
- Charter 2400 – National Herkimer County Bank of Little Falls, New York
- Charter 2401 – National State Bank of Oneida, New York
- Charter 2405 – Yates County National Bank of Penn Yan, New York
- Charter 2377 – First National Bank of Fargo, North Dakota
- Charter 2377 – First National Bank & Trust Company of Fargo, North Dakota
- Charter 2389 – Hubbard National Bank, Ohio
- Charter 2384 – Annville National Bank, Pennsylvania
- Charter 2385 – Northampton County National Bank of Easton, Pennsylvania
- Charter 2392 – Jefferson County National Bank of Brookville, Pennsylvania
- Charter 2397 – Dillsburg National Bank, Pennsylvania
- Charter 2391 – First National Bank of Deadwood, South Dakota
- Charter 2395 – Bennington County National Bank of Bennington, Vermont
- Charter 2395 – County National Bank of Bennington, Vermont
- Charter 2380 – First National Bank of Walla Walla, Washington
