Bank Name: The National Bank of Michigan at Marshall
State: MI – Michigan
Charter Number: 1518
Lifetime: Operated 1865 to 1880 | Total Issue – $359,600
Series: $2 – Original Series National Banknote
Sheets Printed: 3,600
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: These are scarce notes. It is rare for a bank to have more than one or two survivors for this low denomination. The reason for the low rate of survival is that very few were printed. Two dollar bills have often been considered unlucky in past generations. So if you had one then you spent it quickly. Collectors call these “lazy deuces”. 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 National Bank of Michigan at Marshall, MI. 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.