Bank Name: The Merchants & Miners National Bank of Philipsburg
State: MT – Montana
Charter Number: 4843
Lifetime: Operated 1893 to 1897 | Total Issue – $22,200
Series: $10 – 1882 Brown Back National Banknote
Sheets Printed: 444
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: It is not uncommon for a $10 brown back to represent the earliest and rarest currency issued by a national bank. There really are no tricks to determine the value of a national bank note like this. The exact value is really just based on a number of factors. The two most important variables are the condition and bank of issue. Please contact us for exact value information. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: There is a very strong demand for territorial notes from Montana. Those can be first charters and some brown back notes. Montana became a state in 1889. Most territorials have long been discovered and are tightly held with collectors. Third charter notes (red seal and blue seals) seem to be out of favor with collectors right now. We really can’t explain why, but prices were definitely stronger for these notes ten years ago. In years past there has been lots of outside interest in Montana notes from collectors who hunted, skied, or otherwise vacationed there. Most serious collectors never lived in the state. You are going to see lots of notes from larger cities like Billings and Kalispell. Other notes should be assumed to be scarce until proven otherwise.
We Are Buyers!!!
We buy all antique paper money issued by The Merchants & Miners National Bank of Philipsburg, MT. We can tell you how much your $10 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.