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We Paid $11,000!

Rare $50 1902 Red Seal Bill from The Citizens National Bank of Vicksburg, MS

Bank Name:  The Citizens National Bank of Vicksburg

State:  MS – Mississippi

Charter Number:  7507

Lifetime:  Operated 1904 to 1929 | Total Issue – $1,143,890

Series:  $50 – 1902 Red Seal National Banknote

Sheets Printed:  430

Value:  Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020

Basic Design:

Rarity and Value:  John Sherman is pictured on the front of each third charter $50 bill. Right now there are only about 100 1902 $50 red seals known to exist! That means that even generic examples should sell for a few thousand dollars. If you have a note from a rare bank or rare state, that also happens to be in great condition, then the value could easily be in excess of $10,000. Please contact us for exact values. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  We personally love notes from Mississippi. However, most other collectors don’t feel the same way. In the 1980s Mississippi notes were highly prized for their rarity. Today there just isn’t a lot of demand, despite still being rare. Part of the problem is condition. Mississippi has always been a poor state. Paper money changed hands frequently and today it is usually found in very heavily circulated condition. Many notes are stamp signed, which is also less desirable. One of the last great anticipated discoveries is that of a first charter from Mississippi. None are currently known to exist. Brown backs and red seals (in high grades) are also rare. The same thing goes for #1 notes. There are not many to go around.

We Are Buyers!!!

We buy all antique paper money issued by The Citizens National Bank of Vicksburg, MS. We can tell you how much your $50 bill is worth. We aren’t just dealers. We are also collectors, experts, and appraisers. We have contributed to numerous price guides and are considered specialists in the field of national currency. Contact us via phone or email to get your free appraisal today.

Info@RareCurrency.com – 864-430-4020

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