Bank Name: The First National Bank of Memphis
State: TN – Tennessee
Charter Number: 336
Lifetime: Operated 1864 to 1935 | Total Issue – $8,697,620
Series: $1 – 1875 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: 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: We personally love national bank notes from Tennessee. Sadly, there are not a whole lot of people who feel that way. A couple of very important collections have sold in the past five years, and they simply didn’t do very well. The problem is that there is an oversupply of notes from cities like Knoxville, Nashville, Chattanooga, and Memphis. For a national from Tennessee to be worth really big money it truly has to be rare. We are talking about serial number one red seals, unique brown backs, and rare denominations from the first charter period. That is not to say that blue seals and small size notes can’t be rare. However, the people spending big money on notes want something really special.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Memphis, TN. 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.