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<p>[QUOTE=&quot;lettow, post: 375016, member: 6986&quot;]When I posted that the low serial number was not significant, I did not intend to suggest that the note may not otherwise be scarce.&nbsp; </p><p><br /></p><p>Most banks that issued small sized Nationals issued them in small numbers so most of the serial numbers on small size Nationals will have low numbers.&nbsp;&nbsp; My point is that a low number on a National by itself is not necessarily indicative of a big dollar item.</p><p><br /></p><p>RickieB&#039;s information from the Kelly Book also needs more explanation.&nbsp; The survival figures are known notes of large and small size.&nbsp; The figure of 29 for small size is both Type I and Type II and inclusive of all denominations including $10.00 and $20.00 notes.&nbsp; It may be that there are 25 $10.00, 2 $20.00 and 2 $5.00 (or some other distribution).&nbsp; These numbers are also based on reported notes at a given time.&nbsp; The OPs note may or may not have been included in this number and additional small size may have been found (or otherwise exist but have not been reported) which are not included in census numbers in Kelly.</p><p><br /></p><p>Relative scarcity is only one of the factors that determines price for Nationals.&nbsp; I have a large size $10.00 note on a Wisconsin bank which reports only 5 large size known.&nbsp; I was able to count 6 large size on this bank at a show this past weekend in addition to mine (so much for the Kelly numbers).&nbsp; None of them were priced at more than $400.00 and all of them were still in the dealers&#039; cases at the end of the show.&nbsp; This despite the fact that Wisconsin is one of the more heavily collected states for Nationals.[/QUOTE]</p><p><br /></p>

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