Bank Name: The First National Bank of Frankfort
State: IN – Indiana
Charter Number: 1854
Lifetime: Operated 1871 to 1931 | Total Issue – $4,086,430
Series: $1 – 1875 National Banknote
Sheets Printed: 600
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: This denomination was only printed from 1875 until 1878. That is a very short period of time. It is no surprise that these are usually at least scarce and sometimes quite rare. One dollar was not a tremendous amount of money, so it was possible for these to be saved as curiosity items. Prices start at around $400 and go up quickly from there. We would be happy to tell you what yours is worth. Just email us. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: National bank notes from Indiana certainly aren’t romanticized or considered top trophy items. However, if you get the right mix of rarity and condition, then notes from Indiana can sell for as much money as traditionally more valuable states. Based on our experience, certain areas and towns tend to have hoarders looking to buy everything; even notes that should be common still sell for good money. Sadly, that rule only applies to about 5% of the common stuff out there. The other 95% can still be difficult to place. Pay close attention to town rarity. No single type of bank note is especially rare, the people collecting the state care about bank and town rarity over everything else.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Frankfort, IN. We can tell you how much your $1 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.