1929 $20 Brown Seal Bill - The National Bank of Danbury

Discussion in 'Paper Money' started by skbrooks1369, Jan 30, 2012.

  1. skbrooks1369

    skbrooks1369 Active Member

    My first purchase in paper money. I am wondering if anyone has mintage information or any values for these types of notes.

    1929 20 Dollar Bill Obv.JPG 1929 20 Dollar Bill Rev.JPG

    Thanks,
    Spencer

    EDIT: Update - I just received an email from a currency purchaser online, and was estimated $100-$125 for this note, in "average circulated" condition. Is this a lowball or a good appraisal? Thanks
     
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  3. krispy

    krispy krispy

    It's a nice low serial number and that can help values. Some other members might be able to help you with info on that particular bank and how many were issued.

    The images you posted are a bit too small for us to see the details, though some heavy damage is evident. Try using a scanner to image the notes if you have access to one, as it works better for showing details and doesn't require rigging up a camera, lighting, and so on. When scanning, place the note on the glass of the scanner, away from the edge of the scan bed. Lay a dark sheet of paper over the note to help define the margins of the note (don't crop the margins out, they are important to see how well a note is centered) and set your scan settings at 300 dpi. The upload image size should be 600 pixels on the longest side of the note (scan). A lot of us use Photobucket (free accounts) for hosting images as they don't reduce the file size as much as does CTs uploader.

    Hope that's some help. :smile

     
  4. Dean 295

    Dean 295 D.O.M.

    Well it's a type 2 bill. It looks like it has scotch tape residue on the front. Other than that it looks nice.Thats all I can say. Price is what ever you want to sell it for.
     
  5. vdbpenny1995

    vdbpenny1995 Well-Known Member

    Thats a fair price to just anyone but for some from from Danbury CT can make that price SKY ROCKET. I've only seen one note from my small 2 square mile town ever and boy did it get high in price.
     
  6. skbrooks1369

    skbrooks1369 Active Member

    Thanks for the replies. I'll see what I can do once I get the note in-hand as far as scanning. If I ever decide to sell, I'll make sure to post it near Danbury :)
     
  7. skbrooks1369

    skbrooks1369 Active Member

    Oh, and I purchased it for $47.02 on eBay. I don't think I'll be selling as I am becoming fascinated with paper, not just coins anymore!
     
  8. GreatWalrus

    GreatWalrus WHEREZ MAH BUKKIT

    I like paper notes too, they're cool

    Btw, is that really a 1929? I didn't think there was a 1929 $20 bill. I thought it was 1928.
     
  9. Numbers

    Numbers Senior Member

    Small-size Nationals and FRBNs are Series 1929. All other types (FRNs, USNs, Gold Certificates, and Silver Certificates) started out as Series 1928.
     
  10. ronterry

    ronterry New Member

    Under normal situation, say when you don't have a book near by ;) the lower charter numbers have been chartered for a longer time than higher one, and typically have a higher printage.
    There was over 13,000 chartered banks that issued NBN.
    But and I mean but! There are so many exceptions to that rule it's not funny! Small towns might of issued more $5 - it goes on and on. So a $20 from a small town could be valuable?
    If no one gives you data by tomorrow, I'll crack open my national book. Dang light timers have already kicked in, and typing this in bed.
     
  11. fretboard

    fretboard Defender of Old Coinage!

    Great looking note! And an opportunity to post my rare Sacramento brown note. :thumb: :D
     

    Attached Files:

  12. ronterry

    ronterry New Member

    Here is what I have:

    Danbury National Bank | Danbury, Connecticut | Fairfield County
    Most common large: $5 1902 Plain Back | Cost: 150VG, 250VF, 450AU | 801.4K notes issued | Rarity: 5/9
    Most common small: $5 Type 1 | Cost: 75VG, 125VF, 225AU | 109.9K notes issued | Rarity: 2/9
    Breakdown of small notes issued (%):
    $5 T1 - 47% | $10 T1 - 23% | $20 T1 - 6.4% | $50 T1 - 0% | $100 T1 - 0%
    $5 T2 -15% | $10 T2 - 7.2% | $20 T2 - 2.1% | $50 T2 - 0% | $100 T2 - 0%
     
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