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We Paid $11,000!

Rare $5 1875 Bill from The Second National Bank of Hillsdale, MI

Bank Name:  The Second National Bank of Hillsdale

State:  MI – Michigan

Charter Number:  1470

Lifetime:  Operated 1865 to 1886 | Total Issue – $225,400

Series:  $5 – 1875 National Banknote

Sheets Printed:  1,480

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:  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 Second National Bank of Hillsdale, MI. 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.

Info@RareCurrency.com – 864-430-4020

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