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We Paid $11,000!

Rare $5 Bill from The First National Bank of Salem, NC

Bank Name:  The First National Bank of Salem

State:  NC – North Carolina

Charter Number:  1659

Lifetime:  Operated 1866 to 1879 | Total Issue – $278,200

Series:  $5 – Original Series National Banknote

Sheets Printed:  4,280

Value:  Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020

Basic Design:

Rarity and Value:  This is the most common denomination that you see on these early bank notes. However, don’t assume that they are all inexpensive. Usually even the most generic examples should be worth around $1,000. Based on the bank rarity and condition, the value could be many times that. We would always advise contacting us if you need an exact value. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  The market for better North Carolina national bank notes has traditionally been strong. It was stronger five years ago compared to today. However, it is a better state than most in terms of demand and number of collectors. North Carolina already had a robust economy during the first charter period (prior to 1882) so you can find early notes from major cities like Charlotte, Winston Salem, Raleigh, etc. The most prized notes from the state are going to be from the tiny communities that issued during the early 20th century. A couple of towns that come to mind are Hamlet and Murphy. Notes with color like 1882 brown backs and 1902 red seals are not necessarily rare, but they are much more popular than blue seals or small size notes.

We Are Buyers!!!

We buy all antique paper money issued by The First National Bank of Salem, NC. 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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