Was hoping to get some opinions on this bill. My Redbook of US Currency has the major cities in it but it doesn't show show towns such as Port Huron. Was hoping to get grade and value of this bill. Thanks!
Note appears to be either AU or UNC. The lower margin is super tight and almost non existent. Similar notes ($20) on charter 4446 sold at auction in 2004 and 2005 for around the $500 mark. http://currency.ha.com/c/search-res...kNotSold=0&Ntk=SI_Titles&Nty=1&Ntt=port+huron Hope this helps.
It may not affect the value at all. Every auction is different. All you need is two bidders that both want the note, regardless of it's centering, and you're off to the races.
If it was a common note the value would be affected by the tight margin - but Port Huron isn't exactly a common note and that one is nice otherwise. I can tell you from collecting Nationals from a Missouri town that you are just happy to come up with whatever comes along - even beater pieces might be the best examples known of particular signature or date combinations.
Okay, you made me get my Kelly reference out - This is the fourth title for this bank - there are 94 small sized notes reported in the Kelly census - the note is reported in the census as an AU example. The value is probably going to be in the $150-200 range - there are really literally lots of higher grade $20s, mostly AU and CU examples like someone saved them at the time. Not counting out the all of them but there are about two dozen notes which actually makes them pretty common especially for a smaller locale like Port Huron. There are some other Michigan nationals that have inexplicably higher numbers of better example notes - like contemporarily someone went into the bank and made a big withdrawal in brand new notes and saved them for a very long time - Cassopolis is one I have seen quite a few $5's from and have even seen uncut sheets of.
Looks like a Lyn Knight auction just last month had a PMG 64 EPQ hammer at only $230... and one just hammered on eBay here http://www.ebay.com/itm/321112207373? - aside, why doesn't the damned insert link work? - for probably $175ish or so. That would put this note, to me, in the $145 range maybe, depends on how much that poor face alignment bugs you. Also looks like this note has consecutive neighbors... census shows 470-476...