Bank Name: The First National Bank of Milwaukee
State: WI – Wisconsin
Charter Number: 64
Lifetime: Operated 1863 to 1882 | Total Issue – $32,966,140
Series: $5 – 1875 National Banknote
Sheets Printed: 4,940
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: It is difficult to describe the Wisconsin national bank note market in one word. A huge collection was sold in 2008 and prices were generally thought to be strong then, but the market is likely off of those highs. Different parts of the state and different towns are always hot and other areas just don’t seem to have much of a following. We know collectors who only like Wisconsin river towns, or only like towns on the Great Lakes. We don’t generally think of Wisconsin as an especially developed state. However, it had 240 national banks in 131 different towns. There are dozens of ways to collect. It all depends on what you like. The notes that sell the best usually have an X factor. That X factor could be the type of note, the serial number, or the signor.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Milwaukee, WI. 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.