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We Paid $11,000!

Rare $50 1875 Bill from The Merchants & Planters National Bank of Montgomery, AL

Bank Name:  The Merchants & Planters National Bank of Montgomery

State:  AL – Alabama

Charter Number:  2029

Lifetime:  Operated 1872 to 1903 | Total Issue – $383,650

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 notes from Alabama are heavily circulated. This state has always been underprivileged economically, so people couldn’t afford to hold currency just for the sake of saving it. Any note in XF condition or better should sell for a nice premium. First charter notes and denominations higher than $20 are scarce. Most towns in Alabama are small. You really can’t say that notes from small towns are rare, but if you get the right mix of grade and rarity, then you have a great find. Notes from Alabama have been more popular in years past, but there is still a chance for the good stuff to sell for thousands of dollars.

We Are Buyers!!!

We buy all antique paper money issued by The Merchants & Planters National Bank of Montgomery, AL. 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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