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We Paid $11,000!

Rare $5 1929 Type2 Bill from The First National Bank of Biloxi, MS

Bank Name:  The First National Bank of Biloxi

State:  MS – Mississippi

Charter Number:  10576

Lifetime:  Operated 1914 to 1935 | Total Issue – $1,475,050

Series:  $5 – 1929 Type2 National Bank Note

Sheets Printed:  1,892

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

Basic Design:

Rarity and Value:  There is no single 1929 small size note that is rare as a type. The value comes from the serial number and bank of issue. The majority of notes are worth between $40 and $400. That range can certainly go higher for truly rare examples. Notes that have the serial number 000001 are in demand. That is really the only advice we can give here. Just contact us directly with pictures of what you have and we can tell you exactly how much it is worth. It is worth noting that 1929 marks the first year that national bank notes were the same size as paper money is today. These are also the only nationals to feature a portrait of Abraham Lincoln.

Current Market Analysis:  We personally love notes from Mississippi. However, most other collectors don’t feel the same way. In the 1980s Mississippi notes were highly prized for their rarity. Today there just isn’t a lot of demand, despite still being rare. Part of the problem is condition. Mississippi has always been a poor state. Paper money changed hands frequently and today it is usually found in very heavily circulated condition. Many notes are stamp signed, which is also less desirable. One of the last great anticipated discoveries is that of a first charter from Mississippi. None are currently known to exist. Brown backs and red seals (in high grades) are also rare. The same thing goes for #1 notes. There are not many to go around.

We Are Buyers!!!

We buy all antique paper money issued by The First National Bank of Biloxi, MS. 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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