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We Paid $11,000!

Rare $20 1875 Bill from The Farmers National Bank of Salem, OH

Bank Name:  The Farmers National Bank of Salem

State:  OH – Ohio

Charter Number:  973

Lifetime:  Operated 1865 to 1935 | Total Issue – $2,518,440

Series:  $20 – 1875 National Banknote

Sheets Printed:  3,852

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

Basic Design:

Rarity and Value:  There are about 500 bank notes like this known to exist. That total is for every bank in the country though. Each note is valued based on its own individual merits. The most important factors are the bank of issue and the condition. Some banks are relatively common and others are quite scarce. High grade notes from this series are also rarely encountered. We consider XF or better to be high grade. Please contact us for details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  The market for Ohio national bank notes is very weak right now. There is still reasonable demand if you have a truly unique note. However, second and third known blue seals are can sometimes sell for less than $1,500. The problem with the market is that Ohio had hundreds of national banks and the supply of notes is huge. Today the state is economically depressed and collectors just don’t have a lot of money to spend. So the supply of rare notes is high and the demand is especially low. Obviously that is a poor combination if you are trying to sell something for a lot of money. The great news is that if you are collector you can spend a little bit of money and get a lot of value in return.

We Are Buyers!!!

We buy all antique paper money issued by The Farmers National Bank of Salem, OH. We can tell you how much your $20 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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