Bank Name: The First National Bank of Hancock
State: MI – Michigan
Charter Number: 2143
Lifetime: Operated 1874 to 1934 | Total Issue – $1,107,840
Series: $1 – 1875 National Banknote
Sheets Printed: 1,100
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: The market for Michigan nationals is a little bit soft right now. I wouldn’t call it bad, but it can take a long time to find the right buyer. Banks in suburban Detroit towns are popular. You should also keep an eye out for notes from Upper Peninsula towns. Despite having a small population, lots of people have found memories of vacationing in that area and collect the notes. Today Detroit has a bad reputation. However, at one point in time it was a very wealthy old money type town. Lots of early notes are available from Detroit. Otherwise, anything printed before 1900 from Michigan is likely scarce. Rare notes tend to be found in circulated condition. Choice examples are much more difficult to locate.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Hancock, MI. 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.