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All Forums Category: US Coins and Currency Forums Forum: US Paper Money and Banknotes

1855 Traders Bank of Tennessee one dollar note

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Author	Topic
Tkaway1969 New Member United States 24 Posts	Posted 06/13/2018 9:51 pm Hello, I am a newbie so all help is appreciated. I have acquired currency from early 1900s and 1800s. My question is about this bank note and the value. I have did some searching online but it is a little confusing. Please bare with me this is the only paper currency I have a question on. Report this Post to the Staff

mtuma3 Valued Member United States 408 Posts	Posted 06/13/2018 10:58 pm Choice uncirculated notes from that era only go for about $35 depending on the bank. It depends a lot on rarity. Unfortunately yours is barely almost good. That being said, I think it's still pretty cool to have a bank note over 160 years old, not matter what condition is. Order some heavy plastic holders from a coin supplier that are made for currency and carefully put it in one. If it was me I would keep it as a conversation piece, as its probably not worth selling unless its a very rare note which I don't have figures on. ANA Member Mark Official Snowbird! Illinois in Summer, Florida in Winter Report this Post to the Staff
Tkaway1969 New Member United States 24 Posts	Posted 06/14/2018 05:15 am Thank you for the information. Yes the condition is barely good. It was found packed away in Grandparents belongings. Maybe one day my Grandchildren will be in a forum like this, asking questions on it. Report this Post to the Staff
jbuck Moderator United States 60475 Posts	Posted 06/14/2018 2:36 pm to the Community! Coin Collector Since 1978 My Avatar My Old Avatar My 7070 My Eisenhower Dollars CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
MeadowviewCollector Pillar of the Community United States 4330 Posts	Posted 06/14/2018 4:23 pm This is considered an Obsolete banknote which were issued in the era before there was US government issued currency. Obsoletes were printed by private companies. On your note, the company that designed and printed it is found in the upper right above the oval numeral. I do not know much about grading of these notes. Here's one that the seller grades as Very Good http://www.aocurrency.com/images/im...G-1019-G.jpg As to value, again I'm no expert but the one I linked to above is listed for sale at $150. Whether or not it will sell remains to be seen. Welcome to the forum. -MV I'm slowly building my numismatic library--106 works and counting With assistance, trying to compile a listing of numismatic reference books & materials available to collectors http://goccf.com/t/174749 Report this Post to the Staff
Tkaway1969 New Member United States 24 Posts	Posted 06/14/2018 11:51 pm Thanks for the welcome. Thank you for your information. My note was also printed by the "American Bank Note Company". There is also a signature by the bank Pres at the time.Thanks for the link. The condition of my note looks a little better than the link shows, but that's my opinion. I Can not wait to start going through these early 1900s and 1800s coins. I find the steel coins interesting. If I could only come across copper 1942 penny I have read about. Edited by Tkaway1969 06/15/2018 09:42 am Report this Post to the Staff
mtuma3 Valued Member United States 408 Posts	Posted 06/15/2018 12:14 am This one is rated VG by APMEX, one of the advertisers here, just for your comparison to grade. ANA Member Mark Official Snowbird! Illinois in Summer, Florida in Winter Report this Post to the Staff
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