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We Paid $11,000!

Rare $100 1882 Brown Seal Bill from The Merchants National Bank of Houston, TX

Bank Name:  The Merchants National Bank of Houston

State:  TX – Texas

Charter Number:  5858

Lifetime:  Operated 1901 to 1910 | Total Issue – $404,450

Series:  $100 – 1882 Brown Back National Banknote

Sheets Printed:  540

Value:  Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020

Basic Design:

Rarity and Value:  This is the highest denomination issued for the brown back series. These were printed in limited quantities. Many banks didn’t have the demand for such a high denomination from the general public. Today a very generic one of these should be worth around $3,500. That price can definitely get higher based on the condition and bank of issue. Please contact us for details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  There is no one word to accurately describe the market for Texas nationals. The state is so expansive and there are so many banks and towns that each bank is really its own market. A general rule across the entire state is that first charter notes are scarce. Other than that, brown backs and red seals could be worth $10,000 or they could be worth $500. The rarest blue seals usually top out at around $5,000. We can’t talk about Texas nationals without talking about The Philpott/Moody collection. It consists of thousands nationals and they are usually the best and rarest examples for each bank. The reality is that there are hundreds of very rare Texas nationals and hundreds more waiting to be found.

We Are Buyers!!!

We buy all antique paper money issued by The Merchants National Bank of Houston, TX. We can tell you how much your $100 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.

Info@RareCurrency.com – 864-430-4020

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