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We Paid $11,000!

Rare $50 1902 Red Seal Bill from The Second National Bank of Beloit, WI

Bank Name:  The Second National Bank of Beloit

State:  WI – Wisconsin

Charter Number:  2725

Lifetime:  Operated 1882 to 1935 | Total Issue – $626,750

Series:  $50 – 1902 Red Seal National Banknote

Sheets Printed:  860

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:  It is difficult to describe the Wisconsin national bank note market in one word. A huge collection was sold in 2008 and prices were generally thought to be strong then, but the market is likely off of those highs. Different parts of the state and different towns are always hot and other areas just don’t seem to have much of a following. We know collectors who only like Wisconsin river towns, or only like towns on the Great Lakes. We don’t generally think of Wisconsin as an especially developed state. However, it had 240 national banks in 131 different towns. There are dozens of ways to collect. It all depends on what you like. The notes that sell the best usually have an X factor. That X factor could be the type of note, the serial number, or the signor.

We Are Buyers!!!

We buy all antique paper money issued by The Second National Bank of Beloit, WI. 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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