Bank Name: The Nevada First National Bank of Tonopah
State: NV – Nevada
Charter Number: 8530
Lifetime: Operated 1907 to 1932 | Total Issue – $375,100
Series: $50 – 1902 Red Seal National Banknote
Sheets Printed: 300
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 loads of scarce and very valuable notes from Nevada. There are just two first charter notes known to exist. The census shows only a single brown back. Only four red seals exist from banks outside of Reno. Plenty of blue seals have the chance to be rare as well. Any note from Rhyolite or Austin would be a tremendous find. You have to remember that the demographics of Nevada were very different a century ago when national currency regularly circulated. Most of the population consisted of ranchers and transient miners. A large supply of currency was not needed. Very few cities could support national banks. That is why there is such a limited supply of bank notes to go around today.
We Are Buyers!!!
We buy all antique paper money issued by The Nevada First National Bank of Tonopah, NV. 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.