The First National Bank of Dagsboro, Delaware

The First National Bank of Dagsboro, Delaware

The First National Bank of Dagsboro, Delaware opened in 1907 in Sussex County.  It was the only national bank in Dagsboro.  Its charter number is 8972.  There is a certain appeal of currency from Dagsboro because it was the only bank in town.  However, it is certainly not as rare as some other one bank towns in Delaware.

1902 red seal and blue seal national bank notes from The First National Bank of Dagsboro are difficult to find, but not impossible.  Fortunately for collectors, several high grade low serial number notes from Dagsboro were saved.  A circulated 1929 note can be bought for less than a thousand dollars; even 1902 blue seals are relatively affordable.  However, as with any bank in Delaware, 1902 red seals are the toughest to buy.

The first president of The First National Bank of Dagsboro was Rufus Daniel Lingo.  The first cashier of the bank was WB Chandler.  WB Chandler is likely William Burton Chandler, but this has not been confirmed by census, bank, or family records.

If you have any currency from The First National Bank of Dagsboro, 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, or contact form.