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We Paid $11,000!

Rare $5 Bill from The First National Bank of Shakopee, MN

Bank Name:  The First National Bank of Shakopee

State:  MN – Minnesota

Charter Number:  1597

Lifetime:  Operated 1865 to 1881 | Total Issue – $136,100

Series:  $5 – Original Series National Banknote

Sheets Printed:  4,575

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

Basic Design:

Rarity and Value:  This is the most common denomination that you see on these early bank notes. However, don’t assume that they are all inexpensive. Usually even the most generic examples should be worth around $1,000. Based on the bank rarity and condition, the value could be many times that. We would always advise contacting us if you need an exact value. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  It is really easy to like national bank notes from Minnesota. Lots of little fancifully named communities had their own national bank. Many notes are hand-signed, which is always a bonus. In the late 1800s and early 1900s there were lots of European immigrants in Minnesota. They were fond of hoarding cash. Many otherwise very rare bank notes have been saved thanks to cash hoards that were discovered after decades in hiding. The good news is that there is no one area of Minnesota that is more desirable than another. The bad news is that prices for Minnesota notes are probably down 30% off their highs. However, rare and high grade notes still don’t have very much trouble finding a qualified home quickly.

We Are Buyers!!!

We buy all antique paper money issued by The First National Bank of Shakopee, MN. 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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