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We Paid $11,000!

Rare $20 Bill from The American National Bank of Detroit, MI

Bank Name:  The American National Bank of Detroit

State:  MI – Michigan

Charter Number:  1542

Lifetime:  Operated 1865 to 1885 | Total Issue – $1,038,600

Series:  $20 – Original Series National Banknote

Sheets Printed:  5,340

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

Basic Design:

Rarity and Value:  We once heard a collector refer to these as “rare as hens teeth.” While they may not be quite that rare, nice looking examples really are few and far between. You could buy a lot of things with $20 in the 1860s and 1870s. There was no incentive to hold a $20 bill just because you liked it. If you had one, then you spent it. These are not considered traditional rarities, but they are by all means rare. Contact us for value information. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  The market for Michigan nationals is a little bit soft right now. I wouldn’t call it bad, but it can take a long time to find the right buyer. Banks in suburban Detroit towns are popular. You should also keep an eye out for notes from Upper Peninsula towns. Despite having a small population, lots of people have found memories of vacationing in that area and collect the notes. Today Detroit has a bad reputation. However, at one point in time it was a very wealthy old money type town. Lots of early notes are available from Detroit. Otherwise, anything printed before 1900 from Michigan is likely scarce. Rare notes tend to be found in circulated condition. Choice examples are much more difficult to locate.

We Are Buyers!!!

We buy all antique paper money issued by The American National Bank of Detroit, MI. 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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