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We Paid $11,000!

Rare $20 1875 Bill from The First National Bank of New Bedford, MA

Bank Name:  The First National Bank of New Bedford

State:  MA – Massachusetts

Charter Number:  261

Lifetime:  Operated 1864 to 1935 | Total Issue – $16,462,930

Series:  $20 – 1875 National Banknote

Sheets Printed:  4,421

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:  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 First National Bank of New Bedford, MA. 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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Email: Info@RareCurrency.com
Phone: (864) 430-4020
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