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We Paid $11,000!

Rare $5 1875 Bill from The First National Bank of Lake City, CO

Bank Name:  The First National Bank of Lake City

State:  CO – Colorado

Charter Number:  2354

Lifetime:  Operated 1877 to 1878 | Total Issue – $27,000

Series:  $5 – 1875 National Banknote

Sheets Printed:  1,350

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

Basic Design:

Rarity and Value:  This is generally considered the most common first charter note available. However, don’t get the word common confused with cheap. Some of these notes can be extremely valuable. It really just depends on the condition and bank of issue. The most generic examples might only be worth several hundred dollars. Rarer examples could be worth many times more than that. Contact us for details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  There are a lot of things to think about when you are trying to value a note from Colorado. Is the note from a ski resort area, does the town have a rich frontier or mining history, is it from a wealthy Denver suburb, or was issued while Colorado was still a territory? There was a time when a few very rich collectors were paying absurd amounts of money for notes from Colorado. Today prices are much more predictable. Brown backs and first charters always sell well. Notes that are unique for the town are still worth very large sums of money. Just remember that past results are no guarantee of future success. Sadly, you can’t bring back the boom days, but good notes are still in demand.

We Are Buyers!!!

We buy all antique paper money issued by The First National Bank of Lake City, CO. We can tell you how much your $5 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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