The Farmers & Merchants National Bank Of Jefferson
The Farmers & Merchants National Bank Of Jefferson in Iowa printed $235,250 dollars worth of national currency. That is a small output. National bank notes from here should be scarce. This national bank opened in 1911 and stopped printing money in 1923, which equals a 13 year printing period. That is actually quite brief in terms of bank existence. During its life, The Farmers & Merchants National Bank Of Jefferson issued 2 different types and denominations of national currency. We have examples of the types listed below. Your bank note should look similar. Just the bank name will be different. For the record, The Farmers & Merchants National Bank Of Jefferson was located in Greene County. It was assigned charter number 10123.
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The Farmers & Merchants National Bank Of Jefferson in Iowa issued 4,705 sheets of $10 1902 blue seal national bank notes. Many small national banks could be in business for years and only print between 2,500 and 5,000 sheets of blue seals. 1902 $10 blue seal bank notes all have a portrait of William McKinley on them. Values can range from as little as $40 up to over $10,000. There really is no trick to know what is rare and what is common by just doing an internet search. You really need to work with an expert (like us) in order to determine the value of your specific bank note. There are at least ten different factors than can make some 1902 $10 blue seals worth more than others. We know exactly what to look for and we would be happy to provide a free appraisal and our best offer.
1902 $10 Blue Seal National Bank Note
The Farmers & Merchants National Bank Of Jefferson printed 4,705 sheets of $20 1902 blue seal national bank notes. The same rarity rules for 1902 $10 blue seals also apply to $20 blue seals. Just remember that $20 bills are by nature three times rarer (unfortunately they don’t command a premium over other denominations). Hugh McCulloch is pictured on the front of each bill. Contact us if you need pricing help.
1902 $20 Blue Seal National Bank Note