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We Paid $11,000!

Rare $50 1902 Red Seal Bill from The Minneapolis National Bank of Minneapolis, KS

Bank Name:  The Minneapolis National Bank of Minneapolis

State:  KS – Kansas

Charter Number:  3731

Lifetime:  Operated 1887 to 1929 | Total Issue – $458,310

Series:  $50 – 1902 Red Seal National Banknote

Sheets Printed:  360

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:  There are dozens, if not hundreds of truly rare and amazing notes from Kansas that should be worth two or three times more than what they sell for in today’s market. The problem is that Kansas had lots of national banks and it just doesn’t have a very strong collector base today. For example, a three known blue seal from Florida might sell for $10,000. A note with the exact same rarity from a Kansas bank might not even sell for $1,500. It is just one of those simple supply and demand things. The quantity of great material far outweighs the number of people looking to buy it. Let’s hope that prices will increase in the future as buyers start to make bargain purchases and accidently turn into long-term collectors.

We Are Buyers!!!

We buy all antique paper money issued by The Minneapolis National Bank of Minneapolis, KS. 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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