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1902 $10 national merchants bank of fort smith, AR blue seal
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<p>[QUOTE="saltysam-1, post: 1791968, member: 23368"]The photo is a must to determine its grade. The $10 is the most common if it's from that particular bank. There were five different banks issuing these notes in Fort Smith. The charter number should read 7240. In Very Fine condition it would be worth $175 at retail. My reference says there are 100 - 200 in existence. But the picture will help determine that. Condition is everything. Also, retail may not be achievable when you sell it. You need to find a buyer with that particular note on his "want list". There maybe fees and commissions to be paid to advertise it. A dealer may offer you about $110 to $120 if he thinks he has a possible sale to someone. Less, if he has to sit on it in his inventory. People have a tendency to buy notes from towns they grew up in or lived in. So selling to a dealer in the Fort Smith area is a good way to get your best price. Still not a bad deal for a $10 note. As far as the serial number is concerned, you are one number off from hitting a home run. Unfortunately, as miss is as good as a mile, so no premium there.[/QUOTE]</p><p><br /></p>
[QUOTE="saltysam-1, post: 1791968, member: 23368"]The photo is a must to determine its grade. The $10 is the most common if it's from that particular bank. There were five different banks issuing these notes in Fort Smith. The charter number should read 7240. In Very Fine condition it would be worth $175 at retail. My reference says there are 100 - 200 in existence. But the picture will help determine that. Condition is everything. Also, retail may not be achievable when you sell it. You need to find a buyer with that particular note on his "want list". There maybe fees and commissions to be paid to advertise it. A dealer may offer you about $110 to $120 if he thinks he has a possible sale to someone. Less, if he has to sit on it in his inventory. People have a tendency to buy notes from towns they grew up in or lived in. So selling to a dealer in the Fort Smith area is a good way to get your best price. Still not a bad deal for a $10 note. As far as the serial number is concerned, you are one number off from hitting a home run. Unfortunately, as miss is as good as a mile, so no premium there.[/QUOTE]
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