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We Paid $11,000!

Rare $50 1902 Red Seal Bill from The Minnehaha National Bank of Sioux Falls, SD

Bank Name:  The Minnehaha National Bank of Sioux Falls

State:  SD – South Dakota

Charter Number:  3393

Lifetime:  Operated 1885 to 1935 | Total Issue – $658,450

Series:  $50 – 1902 Red Seal National Banknote

Sheets Printed:  1,025

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:  The market for South Dakota national bank notes can be difficult to understand. We have bought things for $5,000 that we were forced to sell for $2,500. We have also bought things for $2,500 that we expected to be $3,000 that ended up selling for $5,000. There are lots of rare bank notes from South Dakota. However, rarity isn’t always enough to make something valuable. The location of the issuing bank is also very important. Early notes like brown backs and red seals can be worth lots of money. We also need to mention that first charter notes and brown backs that were issued during South Dakota’s territorial period are always more valuable than other notes issued after it became a state.

We Are Buyers!!!

We buy all antique paper money issued by The Minnehaha National Bank of Sioux Falls, SD. 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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