Bank Name: The National Traders Bank of Portland
State: ME – Maine
Charter Number: 1451
Lifetime: Operated 1865 to 1908 | Total Issue – $1,288,950
Series: $50 – 1882 Brown Back National Banknote
Sheets Printed: 1,156
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: These are pretty scarce notes. Not many banks chose to issue such a high denomination in the late 19th century. The most generic examples in circulated condition are still worth around $3,000 each. There is a lot of room for that price to get higher. The condition and bank of issue are both extremely important. Contact us for details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: If you like a diverse offering of bank notes, then you should consider collecting Maine. The market for Maine has never been especially hot or especially cold. Maine is an old established state. It had lots of first charter banks that were in business for a very long time and that makes it relatively easy to find brown backs and red seals. It is possible to buy great notes in high grades for very reasonable prices. We are not sure if it is the cold weather, but notes tend to be found in pretty decent condition with great signatures. And it’s not just about type notes. There are some tough towns in Maine as well. You can challenge yourself if you try to get a note from every town.
We Are Buyers!!!
We buy all antique paper money issued by The National Traders Bank of Portland, ME. 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.