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We Paid $11,000!

Rare $2 Bill from The National Grand Bank of Marblehead, MA

Bank Name:  The National Grand Bank of Marblehead

State:  MA – Massachusetts

Charter Number:  676

Lifetime:  Operated 1864 to 1935 | Total Issue – $2,934,540

Series:  $2 – Original Series National Banknote

Sheets Printed:  5,000

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

Basic Design:

Rarity and Value:  These are scarce notes. It is rare for a bank to have more than one or two survivors for this low denomination. The reason for the low rate of survival is that very few were printed. Two dollar bills have often been considered unlucky in past generations. So if you had one then you spent it quickly. Collectors call these “lazy deuces”. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  Most people collect national bank notes based on which city the bank was in. The market is a little bit different for notes from Massachusetts. Very few towns in Massachusetts are technically rare. However, some types are plenty rare. For example, it may be very easy to find a red seal or blue seal from a bank, but brown backs and first charters could be rare. We should also mention that notes from Boston are typically discounted a little bit compared to other towns. Sadly, notes from Boston are viewed as common and not as desirable, even if they are rare for the bank. Oddly though, notes from towns that are in the Boston metro area actually have a relatively close following.

We Are Buyers!!!

We buy all antique paper money issued by The National Grand Bank of Marblehead, MA. We can tell you how much your $2 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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