$5 Kensington National Bank Of Philadelphia 1929 Note

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Author	Replies: 6 / Views: 1,927
peteramadeus Valued Member United States 79 Posts	Posted 04/27/2011 2:30 pm I picked one of these up yesterday on a whim.... I had met up with someone to buy some various coins we had already agreed on and they pulled this out. I asked how much they wanted for it and they said $10 so I snapped it up. Anyone have any idea what these are worth? (general range since I don't have a scan yet) I've scoured the web and there's no good resource on National Currency online, and the only book I have on small size notes (Standard Guide to Small Size US Paper Money) doesn't cover National Currency. I'll post a scan tonight. Thanks! Edited by peteramadeus 04/27/2011 3:56 pm Report this Post to the Staff

iamkayelem Valued Member United States 176 Posts	Posted 04/27/2011 3:52 pm Depending on condition and rarity and what not... but $10 sounds like a pretty good deal to me. They're listed in Whitman's RedBook for about $90 in Very Fine, but that's a very broad number because there are large discrepancies between each bank with how many notes were printed. Report this Post to the Staff
peteramadeus Valued Member United States 79 Posts	Posted 04/27/2011 7:42 pm Here's a scan of the note: http://postimage.org/image/1i7cg6bb8/ Report this Post to the Staff
rickmp Valued Member United States 64 Posts	Posted 04/27/2011 8:20 pm In the (Krause) Standard Catalog of United States Paper Money, it lists for $50 in VG, $100 in VF, $300 in CH CU (63) and $375 in Gem CU (65). But book prices most likely skew to the high side. Yours is VG, at best. I hope this helps. Edited by rickmp 04/27/2011 8:22 pm Report this Post to the Staff
peteramadeus Valued Member United States 79 Posts	Posted 04/28/2011 12:23 am Thanks, rickmp. Yeah it's pretty rough but for $10 I don't think I did too bad, it's still a cool note. While I can't find any other notes from that specific bank the lowest I see other $5 National Currency notes go for on ebay no matter how rough looking is ~$20. I'm mainly curious to know how many $5 notes were actually printed for this bank. Report this Post to the Staff
Gyrene7483 Pillar of the Community United States 1704 Posts	Posted 04/28/2011 01:24 am The reference National Bank Notes by Don Kelly lists it for $60.00 in fine condition. Yours would be less of course but still, $10.00 was a very fair price to pay for it. peteramadeus, there were 56,820 Type I (9,470 sheets of six notes each. Serial numbers 1 - 9470) and 24,522 Type II (Serial numbers 1 - 24522) Series 1929 $5.00 notes issued from this bank. This note is a Type I note. Type I notes have a letter on both ends of the serial number and Type II notes have a letter on the left end only. Report this Post to the Staff
peteramadeus Valued Member United States 79 Posts	Posted 04/28/2011 01:28 am Thanks everyone for the input! Report this Post to the Staff
	Replies: 6 / Views: 1,927

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