Bank Name: The Merchants & Planters National Bank of Union
State: SC – South Carolina
Charter Number: 2060
Lifetime: Operated 1872 to 1920 | Total Issue – $441,900
Series: $5 – 1882 Brown Back National Banknote
Sheets Printed: 2,500
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: These are not rare as a type. Some are only worth a few hundred dollars. You really just need to pay attention to the bank of issue and condition. Some examples can be worth thousands of dollars. It is also interesting to note that James Garfield was the first person to be featured prominently on a national bank note. Each state also has a unique seal on the back left hand side of each note. Some collectors try to collect a seal from each state. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: We are likely the most qualified people to comment on the state of the market for South Carolina national bank notes. Our offices are in South Carolina. We have helped assemble some important collections and we personally collect SC nationals. First charter notes from South Carolina are very rare. Less than twenty are known to exist. The same thing goes for 1902 red seals; only around 30 are known to exist. Some blue seals can definitely be scarce, but they have to be from rare towns like Clio, Woodruff, Wagener, St. Matthews, and several other towns. Most notes from South Carolina are in VF condition or much lower. High quality notes that are also rare are few and far between.
We Are Buyers!!!
We buy all antique paper money issued by The Merchants & Planters National Bank of Union, SC. 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.