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We Paid $11,000!

Rare $50 1875 Bill from The Mechanics National Bank of Boston, MA

Bank Name:  The Mechanics National Bank of Boston

State:  MA – Massachusetts

Charter Number:  932

Lifetime:  Operated 1865 to 1905 | Total Issue – $1,106,520

Series:  $50 – 1875 National Banknote

Sheets Printed:  300

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

Basic Design:

Rarity and Value:  This is a very tough denomination to find. Only about 70 are still known to exist. Odds are that not too many more are waiting to be found. These are usually found in Fine condition or worse. You have to remember that paper money was a bit of a hot potato during the time these originally circulated. No one wanted to be holding such a high denomination if it was ever devalued. That is why they are scarce today. Contact us for value information. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  Most people collect national bank notes based on which city the bank was in. The market is a little bit different for notes from Massachusetts. Very few towns in Massachusetts are technically rare. However, some types are plenty rare. For example, it may be very easy to find a red seal or blue seal from a bank, but brown backs and first charters could be rare. We should also mention that notes from Boston are typically discounted a little bit compared to other towns. Sadly, notes from Boston are viewed as common and not as desirable, even if they are rare for the bank. Oddly though, notes from towns that are in the Boston metro area actually have a relatively close following.

We Are Buyers!!!

We buy all antique paper money issued by The Mechanics National Bank of Boston, MA. We can tell you how much your $50 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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