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$20 1929 National Bank Note - Gate City, VA

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WheatBack's Avatar
United States
2850 Posts
 Posted 07/13/2013  2:59 pm Show Profile   Bookmark this topic Add WheatBack to your friends list Get a Link to this Message Number of Subscribers
Does anyone have any information on this note? I found one on Heritage Auctions and it was a $10 note, but I can't find anything on a $20 note. A value would also be helpful.

http://currency.ha.com/c/item.zx?sa...&lotNo=15391

$20-1929-National-Bank-Note---Gate-City,-VA

$20-1929-National-Bank-Note---Gate-City,-VA


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publius's Avatar
United States
807 Posts
 Posted 07/13/2013  5:47 pm  Show Profile   Bookmark this reply Add publius to your friends list Get a Link to this Reply
Slabaugh's "Specialized Catalog of Small Size National Bank Notes" is the only reference I have on hand, & he doesn't list this bank at all. There's a K&M publication, I think, a big telephone-book style, which attempts a comprehensive list of known notes by bank, denomination, & serial number. You might try that.
Valued Member
United States
137 Posts
 Posted 07/13/2013  9:37 pm  Show Profile   Bookmark this reply Add nationals to your friends list Get a Link to this Reply
4 small known on the bank. you have the 5th and the 1st twenty.

value, $500ish probably
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WheatBack's Avatar
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2850 Posts
 Posted 07/13/2013  9:52 pm  Show Profile   Bookmark this reply Add WheatBack to your friends list Get a Link to this Reply
Wow, that's great! Thanks for the answers. I've always wondered about this note and could never find anything on it. How common is it for banks to only have a few known notes?
Edited by WheatBack
07/14/2013 12:30 am
Valued Member
United States
137 Posts
 Posted 07/15/2013  12:46 pm  Show Profile   Bookmark this reply Add nationals to your friends list Get a Link to this Reply
Having just a handful known isn't uncommon. Many banks closed in 1930 or 1931 due to the depression, leaving just a small window for small size issues.
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TookyBandit's Avatar
United States
18 Posts
 Posted 07/18/2013  12:35 am  Show Profile   Bookmark this reply Add TookyBandit to your friends list Get a Link to this Reply
Very Cool! I really like it. Super cool find.
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United States
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 Posted 12/19/2013  10:11 pm  Show Profile   Bookmark this reply Add rlw0587 to your friends list Get a Link to this Reply
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yingyang's Avatar
Canada
1823 Posts
 Posted 12/19/2013  10:20 pm  Show Profile   Bookmark this reply Add yingyang to your friends list Get a Link to this Reply
TO CCF
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mfhorn's Avatar
United States
959 Posts
 Posted 12/19/2013  10:22 pm  Show Profile   Bookmark this reply Add mfhorn to your friends list Get a Link to this Reply
National Bank Notes, Sixth Edition lists it at $1500.
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hurleycoins's Avatar
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10 Posts
 Posted 12/31/2013  11:11 am  Show Profile   Bookmark this reply Add hurleycoins to your friends list Get a Link to this Reply
It has a yucky center crease that makes it lightly unattractive, but it is still a rare issue (according to the guide I own that lists the retail values for national currency). The amount of notes in existence to this date is in the single digits, meaning the note is very uncommon and probably holds a high three digit value.
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