Bank Name: The First National Bank of Frederica
State: DE – Delaware
Charter Number: 5421
Lifetime: Operated 1900 to 1920 | Total Issue – $298,420
Series: $50 – 1882 Brown Back National Banknote
Sheets Printed: 510
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: These are pretty scarce notes. Not many banks chose to issue such a high denomination in the late 19th century. The most generic examples in circulated condition are still worth around $3,000 each. There is a lot of room for that price to get higher. The condition and bank of issue are both extremely important. Contact us for details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: Only 21 different towns in Delaware issued national bank notes. Some of them can be very scarce. Red seals from Delaware are very scarce. The town of issue is also very important. Wilmington is the largest city in Delaware, so notes from there tend to be the most common. With that said, the market for Delaware nationals can be unpredictable. Since so few notes were issued, long periods of time can go between offerings. Something that seems common on paper can occasionally sell for surprisingly high amounts of money. The opposite can also occasionally apply. The market is thin on the upper end, so things that should be rare don’t always command prices they should.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Frederica, DE. We can tell you how much your $50 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.