Bank Name: The National Farmers Bank of Owatonna
State: MN – Minnesota
Charter Number: 4928
Lifetime: Operated 1893 to 1926 | Total Issue – $674,400
Series: $100 – 1882 Brown Back National Banknote
Sheets Printed: 2,043
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: It is really easy to like national bank notes from Minnesota. Lots of little fancifully named communities had their own national bank. Many notes are hand-signed, which is always a bonus. In the late 1800s and early 1900s there were lots of European immigrants in Minnesota. They were fond of hoarding cash. Many otherwise very rare bank notes have been saved thanks to cash hoards that were discovered after decades in hiding. The good news is that there is no one area of Minnesota that is more desirable than another. The bad news is that prices for Minnesota notes are probably down 30% off their highs. However, rare and high grade notes still don’t have very much trouble finding a qualified home quickly.
We Are Buyers!!!
We buy all antique paper money issued by The National Farmers Bank of Owatonna, MN. 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.