Bank Name: The National Bank of Salem
State: IN – Indiana
Charter Number: 2173
Lifetime: Operated 1874 to 1879 | Total Issue – $80,200
Series: $2 – 1875 National Banknote
Sheets Printed: 420
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: These are very popular bank notes. They are nicknamed lazy deuces. Examples in heavily circulated condition typically sell for $1,000 as the bottom dollar price. There is plenty of room for that price to be higher. The exact value is really just based on the bank of issue. The state of issue can also be very important. Many notes from southern and western states are especially rare. Contact us for details. 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 National Bank of Salem, IN. We can tell you how much your $2 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.