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Lost Dutchman Rare Coins recently announced the purchase of a large hoard of 1929 dated $5, $10 and $20 notes from the Merchants National Bank of Muncie, Indiana. This significant purchase marks the first time that a large hoard of such notes has been available to the public. This group is known as the Indiana Bank Collection.
The Merchants National Bank of Muncie, Indiana was founded in 1876, and it has been a part of the Muncie community for over 140 years. The bank has a long history of providing banking services to the citizens of Muncie and the surrounding area. These notes miraculously survived in excellent condition tucked away in a vault for 94 years.
The hoard of notes purchased by Lost Dutchman Rare Coins consists of 110 notes in total, including 54 $5 notes, 32 $10 notes, and 20 $20 notes. All the notes are in AU to uncirculated condition and have been certified by PCGS currency with “Indiana Bank Collection” noted on the holder.
The pieces are highly sought after by collectors due to their local connection and historical significance. The notes are also of great value to the local community, as they represent an interesting and collectible piece of Muncie’s history.
Lost Dutchman Rare Coins is a leading dealer in rare coins and currency, and the company has a long history of providing high-quality coins and currency to collectors both locally and around the world. This purchase from the Merchants National Bank of Muncie is a testament to the company’s commitment to providing rare and valuable coins and currency to collectors.
The hoard of 1929 dated notes from the Merchants National Bank of Muncie is an exciting find for collectors, and it is sure to be a popular item for those looking to add an interesting and historic piece to their collection.
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