The Progressive National Bank Of Summit
The Progressive National Bank Of Summit in Mississippi printed $49,000 dollars worth of national currency. In the scheme of things, that is a very tiny output. Notes from this bank should be rare. This national bank opened in 1913 and stopped printing money in 1915, which equals a 3 year printing period. That means that money from this bank was not entering circulation very often. During its life, The Progressive National Bank Of Summit 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 Progressive National Bank Of Summit was located in Pike County. It was assigned charter number 10338.
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The Progressive National Bank Of Summit in Mississippi issued 980 sheets of $10 1902 blue seal national bank notes. In the scheme of things that is a really tiny printing number. You are likely dealing with a true rarity. 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 Progressive National Bank Of Summit printed 980 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