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We Paid $11,000!

Rare $20 1875 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:  $20 – 1875 National Banknote

Sheets Printed:  1,542

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 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 $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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