Bank Name: The Old Town National Bank of Baltimore
State: MD – Maryland
Charter Number: 5984
Lifetime: Operated 1901 to 1927 | Total Issue – $4,800,760
Series: $5 – 1882 Brown Back National Banknote
Sheets Printed: 10,765
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: The market for Maryland notes is mostly lukewarm right now. There are a lot of great notes from Maryland. However, they rarely see the light of day. They are tied up in long term collections. You rarely see more than a couple of interesting notes sell per year. If you don’t mind settling for big city notes, then the state is fairly easy to collect thanks to the huge supply of notes from Baltimore. Some old school collectors try to avoid Baltimore notes at all cost. Most collectors like notes from smaller towns. The location of the town is also important. Western Maryland notes aren’t quite as popular as notes from inside the beltway. There are lots of high-grade notes out there as bankers tended to save lots of the notes they signed.
We Are Buyers!!!
We buy all antique paper money issued by The Old Town National Bank of Baltimore, MD. 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.