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We Paid $11,000!

Rare $5 1875 Bill from The First National Bank of Miles City, MT

Bank Name:  The First National Bank of Miles City

State:  MT – Montana

Charter Number:  2752

Lifetime:  Operated 1882 to 1924 | Total Issue – $1,523,830

Series:  $5 – 1875 National Banknote

Sheets Printed:  4,214

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 is a very strong demand for territorial notes from Montana. Those can be first charters and some brown back notes. Montana became a state in 1889. Most territorials have long been discovered and are tightly held with collectors. Third charter notes (red seal and blue seals) seem to be out of favor with collectors right now. We really can’t explain why, but prices were definitely stronger for these notes ten years ago. In years past there has been lots of outside interest in Montana notes from collectors who hunted, skied, or otherwise vacationed there. Most serious collectors never lived in the state. You are going to see lots of notes from larger cities like Billings and Kalispell. Other notes should be assumed to be scarce until proven otherwise.

We Are Buyers!!!

We buy all antique paper money issued by The First National Bank of Miles City, MT. 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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