The 1901 ten dollar bills are collectible notes that are valuable. Rare varieties exist and they are more valuable. Continue reading to learn more about these bills.

1901 10 Dollar Bill

1901 10 Dollar Bill Reverse

This bill is known as the "Bison Note". The obverse side of the bill features an image of a Bison along with portraits of Lewis and Clark. The reverse side of the bill features an image of Columbia, the female personification of America.

Specifications

Denomination: $10.00 USD
Type: Legal Tender Note
Note Size: Large
Portrait: Meriwether Lewis and William Clark
Signature Varieties: Nine

Value

These bills in circulated condition will be worth more than their face value of $10. Bills in high condition grades will sell for a lot more money.

Most 1901 series $10 red seal bills are worth around $550-575 in very good condition. In very fine condition the value is around $1,100. In extremely fine condition the value is around $2,350. Uncirculated bills with a grade of MS 63 can sell for around $4,500.

A few signature varieties will be worth more money in uncirculated condition. Bills with the signatures of Napier and McClung are worth around $7,500 in uncirculated condition with a grade of MS 63. Bills with the signatures of Vernon and McClung are worth around $8,250 in uncirculated condition with a grade of MS 63.

Grading System

Very good- A circulated note that has considerable wear to it. There might be one or two tears on the edge of the note. The note may be discolored, dark in appearance, or limp.

Very fine- A note that has been in circulation but not for a long time. The note is still relatively crisp. There may be some creases, folds, or light smudges.

Extremely fine- A note that shows small signs of having been in circulation. The note will be bright and it will have almost all of its original crispness. There might be one or two minor creases or folds but there are no stains, discolorations, or tears.

MS 63 choice uncirculated- A note that shows no signs of ever having been in circulation. The note still has its original crispness. The note is also well-centered.

 

Sources:

A Guide Book of United States Paper Money


See also:

1914 Ten Dollar Bill