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We Paid $11,000!

Rare $50 Bill from The First National Bank of Montgomery, AL

Bank Name:  The First National Bank of Montgomery

State:  AL – Alabama

Charter Number:  1814

Lifetime:  Operated 1871 to 1935 | Total Issue – $10,138,520

Series:  $50 – Original Series National Banknote

Sheets Printed:  1,000

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

Basic Design:

Rarity and Value:  It is easy to talk about these. All you need to know is that they rare and valuable. Very few banks in the 1860s and 1870s had the need for such a high denomination. Furthermore, very few people in that same time period had a net worth of $50, much less the ability to ever own a $50 bill for more than a few hours. Only about 40 notes like this are known to exist today (and that is across all banks in the country). Values start at $10,000 and go up from there. Contact us if you need an exact price. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  Most notes from Alabama are heavily circulated. This state has always been underprivileged economically, so people couldn’t afford to hold currency just for the sake of saving it. Any note in XF condition or better should sell for a nice premium. First charter notes and denominations higher than $20 are scarce. Most towns in Alabama are small. You really can’t say that notes from small towns are rare, but if you get the right mix of grade and rarity, then you have a great find. Notes from Alabama have been more popular in years past, but there is still a chance for the good stuff to sell for thousands of dollars.

We Are Buyers!!!

We buy all antique paper money issued by The First National Bank of Montgomery, AL. 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.

Info@RareCurrency.com – 864-430-4020

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