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We Paid $11,000!

Rare $100 1882 Brown Seal Bill from The Merchants National Bank of Grinnell, IA

Bank Name:  The Merchants National Bank of Grinnell

State:  IA – Iowa

Charter Number:  2953

Lifetime:  Operated 1883 to 1924 | Total Issue – $744,700

Series:  $100 – 1882 Brown Back National Banknote

Sheets Printed:  866

Value:  Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020

Basic Design:

Rarity and Value:  This is the highest denomination issued for the brown back series. These were printed in limited quantities. Many banks didn’t have the demand for such a high denomination from the general public. Today a very generic one of these should be worth around $3,500. That price can definitely get higher based on the condition and bank of issue. Please contact us for details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  Iowa is considered to be the birthplace of the national bank note collecting hobby. In fact the only museum dedicated to national currency is located in Iowa. The original dealers supporting our niche numismatic area lived and worked out of Iowa. That means that for almost six decades there have been collectors in Iowa trying to find great rarities from their home state. New and good discoveries from Iowa are few and far between these days. Most long terms collectors feel like they have seen it all before; and many times they are correct. When we think of Iowa, images of pen-signed notes from great town names (Spirit Lake, Hawkeye, Lost Nation, Jewell Junction, etc.) come to mind.

We Are Buyers!!!

We buy all antique paper money issued by The Merchants National Bank of Grinnell, IA. We can tell you how much your $100 bill is worth. We aren’t just dealers. We are also collectors, experts, and appraisers. We have contributed to numerous price guides and are considered specialists in the field of national currency. Contact us via phone or email to get your free appraisal today.

Info@RareCurrency.com – 864-430-4020

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