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We Paid $11,000!

Rare $20 1875 Territory Bill from The Merchants National Bank of Deadwood, SD

Bank Name:  The Merchants National Bank of Deadwood

State:  SD – South Dakota

Charter Number:  2461

Lifetime:  Operated 1880 to 1894 | Total Issue – $120,700

Series:  $20 – 1875 National Banknote (Territorial)

Sheets Printed:  680

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

Basic Design:

Rarity and Value:  Twenty dollars was a large sum of money before 1890, which is when most of these were issued. Only a half dozen are currently known to exist. That total accounts for all territorial banks in the country. Needless to say, these are rare and valuable. The exact value is based on two factors; those are the condition and issuing bank. Please contact us for more value information. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  The market for South Dakota national bank notes can be difficult to understand. We have bought things for $5,000 that we were forced to sell for $2,500. We have also bought things for $2,500 that we expected to be $3,000 that ended up selling for $5,000. There are lots of rare bank notes from South Dakota. However, rarity isn’t always enough to make something valuable. The location of the issuing bank is also very important. Early notes like brown backs and red seals can be worth lots of money. We also need to mention that first charter notes and brown backs that were issued during South Dakota’s territorial period are always more valuable than other notes issued after it became a state.

We Are Buyers!!!

We buy all antique paper money issued by The Merchants National Bank of Deadwood, SD. 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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