Bank Name: The Merchants National Bank of Dickinson
State: ND – North Dakota
Charter Number: 8201
Lifetime: Operated 1906 to 1927 | Total Issue – $514,250
Series: $5 – 1902 Red Seal National Banknote
Sheets Printed: 300
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: Ben Harrison is shown on each third charter $5 bank note. Five dollar red seals are scarce. Most banks chose to issue $10 and $20 bills only. We can’t give you an exact value for your red seal on our page here. Values are based on the condition and bank of issue. Generic examples sell for around $400. A large majority will be worth more than. Some could be worth considerably more. Please contact us for details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: The market for North Dakota national bank notes has been better in the past than it is now. A huge collection was sold in January 2013 and there were lots of bargains to be had. The state has always benefitted from having a few currency dealers keeping their main residence in North Dakota. Most cities in North Dakota have a very small population today and had a small population when national bank notes were originally issued. The reality is that many notes from North Dakota are quite rare. A general rule is that notes that were issued while North Dakota was still a territory are more valuable than later printings. The great news is that there are still lots of discoveries waiting to be found.
We Are Buyers!!!
We buy all antique paper money issued by The Merchants National Bank of Dickinson, ND. We can tell you how much your $5 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.