Bank Name: The National Union Bank of Woonsocket
State: RI – Rhode Island
Charter Number: 1409
Lifetime: Operated 1865 to 1915 | Total Issue – $2,213,430
Series: $50 – 1875 National Banknote
Sheets Printed: 100
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: This is a very tough denomination to find. Only about 70 are still known to exist. Odds are that not too many more are waiting to be found. These are usually found in Fine condition or worse. You have to remember that paper money was a bit of a hot potato during the time these originally circulated. No one wanted to be holding such a high denomination if it was ever devalued. That is why they are scarce today. Contact us for value information. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: The market for national bank notes from Rhode Island is about the same as every other New England state. There really aren’t any rare towns. However, there are rare banks and rare types are always in demand. First charter $2s, $20s, $50s, and $100s always sell for good money. Most collectors also like high grade notes no matter the type. You are going to see lots of notes from Providence. In fact only twenty-two other towns even had a national bank that issued currency. Rhode Island also has a rich history of banking during the obsolete era. Many people who collect national bank notes also like obsolete bank notes and colonial currency. Rhode Island definitely has a rich numismatic history.
We Are Buyers!!!
We buy all antique paper money issued by The National Union Bank of Woonsocket, RI. 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.