1863 $5 Bill Value – How Much Is 1863 Deep River National Bank of Deep River Connecticut $5 Worth?


1865 $5 Bill Deep River National Bank value $4,800 or more in Extremely Fine condition. Value depends on condition.

That said, this is one of my favorite notes. I grew up in the Chester, Deep River and Essex tri-town area. These three Connecticut River towns are bucolic, quaint and picturesque. They were formerly part of the Saybrook Colony established in 1635.

Get Value Now

Explain 1865 $5 Bill Deep River National Bank Value

Track and Price indicates 1 1865 $5 note and 3 1875 $1 notes.

Another 1865 $5 Deep River Note would be a great discovery.

The bank began operating on January 1, 1849, located on 151 Main Street, Deep River. First it was called the Deep River Bank and Trust Company. Later, it was given charter #1139 in 1865. Its official name was the Deep River National Bank of Deep River, Connecticut. Directors of the Deep River Savings Bank were also involved with the National Bank.

In 1899, R.P. Spencer was President, H.R. Wooster was Vice President and R.L. Selden, Jr. was cashier. These men may have autographed many notes. Locals will recognize the bank officer names. Descendants still live in the area. The Chester ferry bears the “Selden” family name. Also, the Seldens were a prominent Haddam name.

The bank ceased issuing currency in 1935. However, 1865 $5 Bill Deep River National Bank notes remained outstanding. People redeemed most notes. Others became souvenirs. This bank’s 70 year lifespan means its notes aren’t too rare. Nonetheless, notes in excellent shape from 1865-1882 command an above average appraisal.

Deep River National Bank Original Building, from postcard.
Deep River National Bank Original Building, from postcard.

Subsequently, the bank began commercial operation. It merged for the first time on November 11, 1974 becoming part of North Branford’s Community Banking Company. Ownership and operators changed many times afterwards. Eventually it became home to a Citizens Bank branch office. The building is different from its original structure. It was renovated many times since original construction. But the hometown service and friendly faces remain the same. And a short walk across the road leads to the historic Deep River Library.

Deep River, CT Wiki

Deep River, CT Wiki

Get Value Now
1863 Five Dollar Original Series National Bank Note
Sell 1863 $5 Deep River National Bank of Deep River, Connecticut Bill
Item Info
Charter#1139 Deep River National Bank of Deep River, Connecticut
Year Chartered1865, 944 Banks Chartered
City InfoDeep River is a town in Middlesex County, Connecticut, United States. The population was 4,629 at the 2010 census. The town center is also designated by the U.S. Census Bureau as a census-designated place. Deep River is part of what the locals call the "Tri-town Area" made up of Deep River, Chester, and Essex, Connecticut. Source: Wikipedia
Similar CitiesCity name is unique, no others like it.
Seal VarietiesRed with rays
See AlsoIf your note doesn't match try:
1. 1861 $5 Demand Note
2. 1864 $5 Interest Bearing Note
3. 1862 $5 Legal Tender
4. 1863 $5 Legal Tender
5. 1869 $5 Legal Tender
6. 1870 $5 The National Gold Bank Note of California
Other Info1. Value depends on notes known for charter, condition and market demand.
Neat FactEngraved date is when bank was organized, a 20 or 40 year anniverary of its organization, or date of title change (Kelly, 5th Ed. P 5 & Huntoon 1995).
Other $5 Bills
No Obligations Offers and Appraisals

Please submit a good photo or scan. It will be identified and evaluated. Understand there may be subtle differences between the image you see above and your note. Signatures, design, markings and note condition will determine the offer price. Notes in Uncirculated or better condition receive the best offers.

Appraisals can be estimated for wholesale and retail prices. Wholesale is what dealers typically pay. Retail is what a collector might pay. Retail is slightly higher in most cases.

Please visit this page for USA Paper Money Reference. Do not treat this page as a reference guide, it is for appraisal and acquisition purposes only.

Leave a Comment