Bank Name: The Bedford National Bank of Bedford
State: IN – Indiana
Charter Number: 1892
Lifetime: Operated 1871 to 1879 | Total Issue – $206,800
Series: $5 – 1875 National Banknote
Sheets Printed: 4,090
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: This is generally considered the most common first charter note available. However, don’t get the word common confused with cheap. Some of these notes can be extremely valuable. It really just depends on the condition and bank of issue. The most generic examples might only be worth several hundred dollars. Rarer examples could be worth many times more than that. 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 Bedford National Bank of Bedford, IN. We can tell you how much your $5 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.