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We Paid $11,000!

Rare $100 1882 Brown Seal Bill from The Elgin National Bank of Elgin, IL

Bank Name:  The Elgin National Bank of Elgin

State:  IL – Illinois

Charter Number:  4735

Lifetime:  Operated 1892 to 1935 | Total Issue – $741,770

Series:  $100 – 1882 Brown Back National Banknote

Sheets Printed:  1,867

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

Basic Design:

Rarity and Value:  This is the highest denomination issued for the brown back series. These were printed in limited quantities. Many banks didn’t have the demand for such a high denomination from the general public. Today a very generic one of these should be worth around $3,500. That price can definitely get higher based on the condition and bank of issue. Please contact us for details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  National bank notes from the Midwest typically struggle to sell for the same prices as equally rare notes from western and southern states. The plethora of notes available from Chicago banks really brings the value of many other notes from Illinois down. There are still plenty of collectors looking to buy notes from the wealthy suburbs in Chicagoland. Even Illinois banks in the St. Louis metro area have a close following. However, don’t expect rare notes from small farming communities to be worth tremendous amounts of money. They just don’t have a following amongst the people in the hobby who are paying up for interesting notes. The supply tends to outweigh the demand in today’s market.

We Are Buyers!!!

We buy all antique paper money issued by The Elgin National Bank of Elgin, IL. We can tell you how much your $100 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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