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We Paid $11,000!

Rare $50 Bill from The Raleigh National Bank of North Raleigh, NC

Bank Name:  The Raleigh National Bank of North Raleigh

State:  NC – North Carolina

Charter Number:  1557

Lifetime:  Operated 1865 to 1885 | Total Issue – $1,069,000

Series:  $50 – Original Series National Banknote

Sheets Printed:  1,600

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

Basic Design:

Rarity and Value:  It is easy to talk about these. All you need to know is that they rare and valuable. Very few banks in the 1860s and 1870s had the need for such a high denomination. Furthermore, very few people in that same time period had a net worth of $50, much less the ability to ever own a $50 bill for more than a few hours. Only about 40 notes like this are known to exist today (and that is across all banks in the country). Values start at $10,000 and go up from there. Contact us if you need an exact price. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  The market for better North Carolina national bank notes has traditionally been strong. It was stronger five years ago compared to today. However, it is a better state than most in terms of demand and number of collectors. North Carolina already had a robust economy during the first charter period (prior to 1882) so you can find early notes from major cities like Charlotte, Winston Salem, Raleigh, etc. The most prized notes from the state are going to be from the tiny communities that issued during the early 20th century. A couple of towns that come to mind are Hamlet and Murphy. Notes with color like 1882 brown backs and 1902 red seals are not necessarily rare, but they are much more popular than blue seals or small size notes.

We Are Buyers!!!

We buy all antique paper money issued by The Raleigh National Bank of North Raleigh, NC. 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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