Bank Name: The Allegheny National Bank of Pittsburgh
State: PA – Pennsylvania
Charter Number: 722
Lifetime: Operated 1865 to 1908 | Total Issue – $2,238,750
Series: $50 – 1882 Brown Back National Banknote
Sheets Printed: 2,625
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: These are pretty scarce notes. Not many banks chose to issue such a high denomination in the late 19th century. The most generic examples in circulated condition are still worth around $3,000 each. There is a lot of room for that price to get higher. The condition and bank of issue are both extremely important. Contact us for details. 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 Pennsylvania is as good as it have ever been. The only problem is that the market has never been that great. More than 1,000 banks in Pennsylvania issued national currency. No one really has the budget or motivation to collect every single note from the state. Most collectors tend to focus on a specific county or city. Notes from Philadelphia and its surrounding suburbs have a close following, but most notes are plentiful. Some people really like Grange banks. All types of notes are so plentiful that you could focus on just brown backs or just red seals and still be able to assemble a diverse and interesting collection without spending a tremendous amount of money.
We Are Buyers!!!
We buy all antique paper money issued by The Allegheny National Bank of Pittsburgh, PA. 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.