Bank Name: The Merchants National Bank of Portland
State: ME – Maine
Charter Number: 1023
Lifetime: Operated 1865 to 1905 | Total Issue – $1,866,770
Series: $500 – 1875 National Banknote
Sheets Printed: 9
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: These are extremely rare bank notes. Only large banks in major metropolitan areas ever printed such a high denomination. Most of these were never seen by the public. Today we know that less than a handful of these exist. Rumors of new discoveries occasionally happen, but this will always be a great rarity. Contact us for value information. It might shock you.
Current Market Analysis: If you like a diverse offering of bank notes, then you should consider collecting Maine. The market for Maine has never been especially hot or especially cold. Maine is an old established state. It had lots of first charter banks that were in business for a very long time and that makes it relatively easy to find brown backs and red seals. It is possible to buy great notes in high grades for very reasonable prices. We are not sure if it is the cold weather, but notes tend to be found in pretty decent condition with great signatures. And it’s not just about type notes. There are some tough towns in Maine as well. You can challenge yourself if you try to get a note from every town.
We Are Buyers!!!
We buy all antique paper money issued by The Merchants National Bank of Portland, ME. We can tell you how much your $500 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.