Thursday, May 26, 2011

The First National Bank of Delmar, Delaware

I picked this information up from Rare National Currency.com

The First National Bank of Delmar, Delaware

The First National Bank of Delmar, Delaware was the only bank in Delmar in to nationalize. It originally opened for business as a national bank in 1904 and it survived the great depression to make it past the national currency era which ended in 1935. The bank’s charter number is 7211.

On occasion a 1929 small size note from Delmar is available. However, 1902 red and blue seal national bank notes from The First National Bank of Delmar are hard to find. It is currently thought that only two notes from that 1904 to 1928 period still exist. As with most banks in Delaware, the appeal of currency from The First National Bank of Delmar is that it is from a small one bank town in a very small state.

James Polk Morris was likely the JP Morris listed as the first president of The First National Bank of Delmar in the 1904 Office of the Comptroller of Currency report. Samuel Kerr Slemons was the first cashier of the bank.

If you have any currency from The First National Bank of Delmar, please tell us about it. We are certainly interested parties, and you will likely be very pleased with our appraisal.

Contact me via email: info@rarenationalcurrency.com, phone: 864-430-4020,


Note: A $10 1929 Type 1 issued by The First National Bank of Delmar was sold three years ago. The note was graded Fine+. It had an opening book bid of $1,500 and sold for $1,600.

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