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We Paid $11,000!

Rare $20 Bill from The Merchants & Farmers National Bank of Charlotte, NC

Bank Name:  The Merchants & Farmers National Bank of Charlotte

State:  NC – North Carolina

Charter Number:  1781

Lifetime:  Operated 1871 to 1934 | Total Issue – $5,788,600

Series:  $20 – Original Series National Banknote

Sheets Printed:  2,900

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 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 Merchants & Farmers National Bank of Charlotte, 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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