1902 Large Size National Note ..opinions Please

Based on what I can see I give it a VF to XF grade.

There are many, many ways to collect these things. Some people want just one note from each state; some want one from each capital in each state. Some people collect one from each letter of the alphabet. Some collect small size only, some collect large size only. I collect notes from my home town (McKinney, TX) and the State of Texas.

By and large the "killer collection" would have to be a large size state capital collection. There is only one large size national from Carson City, Nevada known. So, putting together a large size state capital collection is going to cost a boat load of money!

As a general rule, most notes from the larger cities do not command the premium that a note does from a smaller town.

You also had the larger banks from the larger cities that issued more high denominations than the banks did from the smaller towns. So, if you are collecting types then sometimes the larger towns are the best way to go for the high denominations.

Before committing to buying a note do your homework and see what like notes have sold for. Heritage (ha.com) has a good database for reference. To see HA prices realized at auction you have to register for an account (but it is free). You can also search ebay items sold and get some ideas, too.

Whatever way you decide to collect do your homework and get the most value for your money.