Bank Name: The National Gold Bank of D O Mills & Co. of Sacramento
State: CA – California
Charter Number: 2014
Lifetime: Operated 1872 to 1926 | Total Issue – $5,635,900
Series: $500 – Original Series National Banknote
Sheets Printed: 60
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: This is one of the ultimate rarities in all of paper money. It is rare that we can talk about million dollar national bank notes. However, a fully intact example of a $500 national bank note should be worth around one million dollars or more based on the condition. Very few banks issued these bank notes. Notes like this that were issued were typically just held for cash on hand requirements and then destroyed. PLEASE contact us if you have one of these trophy items.
Current Market Analysis: In the early part of the 21st century notes from California were especially hot. The reality is that most collectors who follow the state have been collecting for decades. So you have to have something really special to achieve the prices we were seeing ten years ago, because most collectors have very few holes in their collections left to fill. There were lots of blue seal banks in California that seem rare, but they don’t always bring values commiserate with their perceived rarity. The location of the bank also matters. Traditionally notes from the bay area and San Diego have been especially popular. It should go without saying that national gold bank notes from California have a special place in most currency collections.
We Are Buyers!!!
We buy all antique paper money issued by The National Gold Bank of D O Mills & Co. of Sacramento, CA. 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.