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Rare $5 1882 Territory Bill from The New Mexico National Bank of Socorro, NM

Bank Name:  The New Mexico National Bank of Socorro

State:  NM – New Mexico

Charter Number:  4485

Lifetime:  Operated 1890 to 1895 | Total Issue – $23,450

Series:  $5 – 1882 Brown Back National Banknote (Territorial)

Sheets Printed:  500

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

Basic Design:

Rarity and Value:  These are very popular territorials. Some can be extremely rare and worth tens of thousands of dollars. Many more are available for a few thousand dollars each. The collector value really just depends on the condition and issuing bank. We have handled lots of notes like this and we would be happy to let you know what yours is worth. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  New Mexico did not become a state until 1912. That means that everything issued before 1912 is a territorial. Believe it or not, there is actually a wide selection of territorials from New Mexico. First charters, brown backs, and red seals all exist in relatively high numbers. However, that does not mean that they are cheap. We personally really enjoy territorial blue seals. There are also some rare towns from New Mexico. That is the good news. The bad news is that there are very few rare state notes (those issued after 1912) out there. As of this writing, there is not an especially strong collector base supporting the price of New Mexico nationals. Most buyers are just looking for one or two cool territorials.

We Are Buyers!!!

We buy all antique paper money issued by The New Mexico National Bank of Socorro, NM . 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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