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We Paid $11,000!

Rare $20 1875 Bill from The First National Bank of Salem, NC

Bank Name:  The First National Bank of Salem

State:  NC – North Carolina

Charter Number:  1659

Lifetime:  Operated 1866 to 1879 | Total Issue – $278,200

Series:  $20 – 1875 National Banknote

Sheets Printed:  864

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 better North Carolina national bank notes has traditionally been strong. It was stronger five years ago compared to today. However, it is a better state than most in terms of demand and number of collectors. North Carolina already had a robust economy during the first charter period (prior to 1882) so you can find early notes from major cities like Charlotte, Winston Salem, Raleigh, etc. The most prized notes from the state are going to be from the tiny communities that issued during the early 20th century. A couple of towns that come to mind are Hamlet and Murphy. Notes with color like 1882 brown backs and 1902 red seals are not necessarily rare, but they are much more popular than blue seals or small size notes.

We Are Buyers!!!

We buy all antique paper money issued by The First National Bank of Salem, NC. 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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