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We Paid $11,000!

Rare $5 1902 Red Seal Bill from The First National Bank of Monrovia, IN

Bank Name:  The First National Bank of Monrovia

State:  IN – Indiana

Charter Number:  6354

Lifetime:  Operated 1902 to 1933 | Total Issue – $461,620

Series:  $5 – 1902 Red Seal National Banknote

Sheets Printed:  600

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

Basic Design:

Rarity and Value:  Ben Harrison is shown on each third charter $5 bank note. Five dollar red seals are scarce. Most banks chose to issue $10 and $20 bills only. We can’t give you an exact value for your red seal on our page here. Values are based on the condition and bank of issue. Generic examples sell for around $400. A large majority will be worth more than. Some could be worth considerably more. Please 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 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 First National Bank of Monrovia, 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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Email: Info@RareCurrency.com
Phone: (864) 430-4020
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