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We Paid $11,000!

Rare $50 1882 Brown Seal Bill from The First National Bank of Cordell, OK

Bank Name:  The First National Bank of Cordell

State:  OK – Oklahoma

Charter Number:  6052

Lifetime:  Operated 1901 to 1909 | Total Issue – $20,850

Series:  $50 – 1882 Brown Back National Banknote

Sheets Printed:  9

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:  Oklahoma was a territory until 1908. Anything issued before that date is called a territorial and is considered especially desirable. The one exception would be a 1902 red seal issued without the territorial status. The reality is that there are hundreds of scarce brown back, red seals, and blue seals from Oklahoma. The market is still generally strong, but it is down from the peak which was probably in 2011. We generally advise that first charter notes are the best notes available from any state. However, Oklahoma didn’t have any banks that issued first charters. Virtually every town in Oklahoma was tiny when nationals were originally issued. A large supply of currency was not needed to meet the demand of these small communities. That is why so bank notes are so scarce today.

We Are Buyers!!!

We buy all antique paper money issued by The First National Bank of Cordell, OK. 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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