1929 $20

About the serial number, seeing that you note is from a considerably small bank, the serial shouldn't be too high.

This is a $20 type 1 small size and the 5th edition of the Kelly book list this note at $400 in fine condition.

thanks for all the great info
pyrbob does the book list how many notes were made from this bank? I found a website that had this info, but for some reason it did not have marion, virginia. I have come across Marion, Indiana and Marion, Ohio notes on the net, but none from Virginia.
Daviscfad more than likely going to get the bill, I will post my own pics when I get it.
How do you protect paper money? Do they make something similar to airtites for coins that are for paper money?

The census CD that goes with the 5th edition lists six $20 type 1 notes for this bank. They range in grade from VG to F-VF and serial numbers range from 22 to 759. The 6th edition with an updated census is out but I haven't purchased it yet.

From the notes I have looked at in the past, 6 of a certain type of a certain denomination is average to high. Also, keep in mind this census is several years old and has been updated. The values given in the book are for fine and the book says to add or subtract 25 percent for each change in grade.

The photo makes it a little hard to grade. I don't see any writing on the note (pen or pencil) and I don't see any tears. I do see what appears to be three vertical folds and one horizontal fold. It also looks like the note is a little dirty or has a slight stain on the right side. If there are no tears or writing then I would say VG-F. But I have only been collecting paper money for 3 years now so let's see what others say about the grade.

I read there was a banking panic in 1933...President Roosevelt ordered the nations 18,000 banks closed in March for a "Bank Holiday" so lots of bills were infused into the economy...