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We Paid $11,000!

Rare $5 1902 Blue Seal Bill from The Farmers & Merchants National Bank of Boonville, IN

Bank Name:  The Farmers & Merchants National Bank of Boonville

State:  IN – Indiana

Charter Number:  9266

Lifetime:  Operated 1908 to 1928 | Total Issue – $791,800

Series:  $5 – 1902 Blue Seal National Banknote

Sheets Printed:  9,930

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

Basic Design:

Rarity and Value:  There is nothing especially rare about this type of money showing Ben Harrison. The rarity is all based on the condition and bank of issue. Your most generic $5 blue seals are going to sell for around $60. Common but more interesting notes sell for between $100 and $500. The upper end of the market is reserved for the rare stuff; and they can sell for thousands of dollars. The great news is that there are lots of rare banks out there. Many great discoveries are made everyday. Please contact us for pricing details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  National bank notes from Indiana certainly aren’t romanticized or considered top trophy items. However, if you get the right mix of rarity and condition, then notes from Indiana can sell for as much money as traditionally more valuable states. Based on our experience, certain areas and towns tend to have hoarders looking to buy everything; even notes that should be common still sell for good money. Sadly, that rule only applies to about 5% of the common stuff out there. The other 95% can still be difficult to place. Pay close attention to town rarity. No single type of bank note is especially rare, the people collecting the state care about bank and town rarity over everything else.

We Are Buyers!!!

We buy all antique paper money issued by The Farmers & Merchants National Bank of Boonville, IN. 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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