The following is some very basic information about the denominations and years that The Southern Bank of Alabama printed money:
The branch bank location in Mobile issued the following types of currency:
1st Series (Denomination & Dates): $5 – 1850s
2nd Series: $10 – 1850s
3rd Series: $20 – 1850s
4th Series: $50 – 1850s
5th Series: $100 – 1850s
6th Series: $500 – 1850s
Banknotes issued by The Southern Bank of Alabama are no longer good at a value equal to their face value. However, the banknote can certainly still be rare, collectible and hold significant value. These are known as obsolete banknotes.
Obsolete money is valued similarly to any other antique currency. The condition and rarity are the two most important factors that determine what the specimen can be valued at.
List of States:
Browse Banks That Issued Obsolete Bank Notes by State