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We Paid $11,000!

Rare $5 Bill from The First National Bank of Somerville, NJ

Bank Name:  The First National Bank of Somerville

State:  NJ – New Jersey

Charter Number:  395

Lifetime:  Operated 1864 to 1917 | Total Issue – $1,993,460

Series:  $5 – Original Series National Banknote

Sheets Printed:  8,150

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:  New Jersey has a large and often wealthy population. This is good news if you are looking to sell a national bank note from an old New Jersey bank. The location of the town matters a lot. There are significant premiums for notes from shore banks. Towns that are typically considered part of the New York City metro area tend to be popular. Bank notes from other places in New Jersey can struggle to find support once more than three or four are known to exist. The type of note issued is also important. First charters are traditionally fairly scarce. High grade second charter notes and 1902 red seals are certainly in demand. There is even a lot of competition for truly rare 1929 notes.

We Are Buyers!!!

We buy all antique paper money issued by The First National Bank of Somerville, NJ. 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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