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We Paid $11,000!

Rare $100 Bill from The Merchants & Planters National Bank of Montgomery, AL

Bank Name:  The Merchants & Planters National Bank of Montgomery

State:  AL – Alabama

Charter Number:  2029

Lifetime:  Operated 1872 to 1903 | Total Issue – $383,650

Series:  $100 – Original Series National Banknote

Sheets Printed:  500

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

Basic Design:

Rarity and Value:  It is currently thought that only about 40 of these are known to exist from all banks across the country. These were all printed before 1875. You can appreciate that $100 was a tremendous amount of money during that time period of United States history. For the most part, only large banks in major metropolitan areas had the ability and desire to issue such a high denomination. Prices start at $10,000 and go up from there. Contact us for details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  Most notes from Alabama are heavily circulated. This state has always been underprivileged economically, so people couldn’t afford to hold currency just for the sake of saving it. Any note in XF condition or better should sell for a nice premium. First charter notes and denominations higher than $20 are scarce. Most towns in Alabama are small. You really can’t say that notes from small towns are rare, but if you get the right mix of grade and rarity, then you have a great find. Notes from Alabama have been more popular in years past, but there is still a chance for the good stuff to sell for thousands of dollars.

We Are Buyers!!!

We buy all antique paper money issued by The Merchants & Planters National Bank of Montgomery, AL. 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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Email: Info@RareCurrency.com
Phone: (864) 430-4020
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