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We Paid $11,000!

Rare $5 1875 Bill from The Hide & Leather National Bank of Chicago, IL

Bank Name:  The Hide & Leather National Bank of Chicago

State:  IL – Illinois

Charter Number:  2450

Lifetime:  Operated 1880 to 1897 | Total Issue – $551,640

Series:  $5 – 1875 National Banknote

Sheets Printed:  5,750

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:  National bank notes from the Midwest typically struggle to sell for the same prices as equally rare notes from western and southern states. The plethora of notes available from Chicago banks really brings the value of many other notes from Illinois down. There are still plenty of collectors looking to buy notes from the wealthy suburbs in Chicagoland. Even Illinois banks in the St. Louis metro area have a close following. However, don’t expect rare notes from small farming communities to be worth tremendous amounts of money. They just don’t have a following amongst the people in the hobby who are paying up for interesting notes. The supply tends to outweigh the demand in today’s market.

We Are Buyers!!!

We buy all antique paper money issued by The Hide & Leather National Bank of Chicago, IL. 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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Email: Info@RareCurrency.com
Phone: (864) 430-4020
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