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<p>[QUOTE="lettow, post: 1254307, member: 6986"]Yes. These notes are from the Second National Bank and Trust Company of Saginaw, Michigan. 1918 is the banks Charter Number.</p><p><br /></p><p>I don't know where ibuildcircuits got his information, but using a general guide for Nationals is like saying all silver dollars are worth at least melt value. The National market is so specialized that general guidance is useless.</p><p><br /></p><p>Heritage Auction archives show the following sales for these notes:</p><p><br /></p><p>$10.00 </p><p>February 2009 VF $149.50</p><p>May 2007 VG $57.00</p><p><br /></p><p><br /></p><p>$20.00</p><p>December 2010 VF $59.00</p><p>January 2010 VG $99.00 (this was for two notes)</p><p><br /></p><p>Incidentally, there are no "star notes" for National Bank Notes. Replacements for small size Nationals used the same serial number as the defective notes. Sometimes, the replacement notes can be identified because one or both serial numbers are askew. The serial numbers on replacement small size Nationals were applied by hand. There are star replacement notes for 1929 Federal Reserve Bank Notes which also have brown seals.</p><p><br /></p><p>On small size National Bank Notes the serial numbers for notes from each bank started over at 00000001. Many will hove three and four digit serial numbers.[/QUOTE]</p><p><br /></p>
[QUOTE="lettow, post: 1254307, member: 6986"]Yes. These notes are from the Second National Bank and Trust Company of Saginaw, Michigan. 1918 is the banks Charter Number. I don't know where ibuildcircuits got his information, but using a general guide for Nationals is like saying all silver dollars are worth at least melt value. The National market is so specialized that general guidance is useless. Heritage Auction archives show the following sales for these notes: $10.00 February 2009 VF $149.50 May 2007 VG $57.00 $20.00 December 2010 VF $59.00 January 2010 VG $99.00 (this was for two notes) Incidentally, there are no "star notes" for National Bank Notes. Replacements for small size Nationals used the same serial number as the defective notes. Sometimes, the replacement notes can be identified because one or both serial numbers are askew. The serial numbers on replacement small size Nationals were applied by hand. There are star replacement notes for 1929 Federal Reserve Bank Notes which also have brown seals. On small size National Bank Notes the serial numbers for notes from each bank started over at 00000001. Many will hove three and four digit serial numbers.[/QUOTE]
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