The Southern National Bank Of Memphis
The Southern National Bank Of Memphis in Tennessee printed $207,000 dollars worth of national currency. That is a small output. National bank notes from here should be scarce. This national bank opened in 1923 and stopped printing money in 1925, which equals a 3 year printing period. That means that money from this bank was not entering circulation very often. During its life, The Southern National Bank Of Memphis issued 2 different types and denominations of national currency. We have examples of the types listed below. Your bank note should look similar. Just the bank name will be different. For the record, The Southern National Bank Of Memphis was located in Shelby County. It was assigned charter number 12348.
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The Southern National Bank Of Memphis in Tennessee issued 4,140 sheets of $10 1902 blue seal national bank notes. Many small national banks could be in business for years and only print between 2,500 and 5,000 sheets of blue seals. 1902 $10 blue seal bank notes all have a portrait of William McKinley on them. Values can range from as little as $40 up to over $10,000. There really is no trick to know what is rare and what is common by just doing an internet search. You really need to work with an expert (like us) in order to determine the value of your specific bank note. There are at least ten different factors than can make some 1902 $10 blue seals worth more than others. We know exactly what to look for and we would be happy to provide a free appraisal and our best offer.
1902 $10 Blue Seal National Bank Note
The Southern National Bank Of Memphis printed 4,140 sheets of $20 1902 blue seal national bank notes. The same rarity rules for 1902 $10 blue seals also apply to $20 blue seals. Just remember that $20 bills are by nature three times rarer (unfortunately they don’t command a premium over other denominations). Hugh McCulloch is pictured on the front of each bill. Contact us if you need pricing help.
1902 $20 Blue Seal National Bank Note