Bank Name: The Merchants National Bank of Gardiner
State: ME – Maine
Charter Number: 3219
Lifetime: Operated 1884 to 1903 | Total Issue – $126,350
Series: $5 – 1882 Brown Back National Banknote
Sheets Printed: 750
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: These are not rare as a type. Some are only worth a few hundred dollars. You really just need to pay attention to the bank of issue and condition. Some examples can be worth thousands of dollars. It is also interesting to note that James Garfield was the first person to be featured prominently on a national bank note. Each state also has a unique seal on the back left hand side of each note. Some collectors try to collect a seal from each state. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: If you like a diverse offering of bank notes, then you should consider collecting Maine. The market for Maine has never been especially hot or especially cold. Maine is an old established state. It had lots of first charter banks that were in business for a very long time and that makes it relatively easy to find brown backs and red seals. It is possible to buy great notes in high grades for very reasonable prices. We are not sure if it is the cold weather, but notes tend to be found in pretty decent condition with great signatures. And it’s not just about type notes. There are some tough towns in Maine as well. You can challenge yourself if you try to get a note from every town.
We Are Buyers!!!
We buy all antique paper money issued by The Merchants National Bank of Gardiner, ME. 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.