Bank Name: The First National Bank of Hempstead
State: NY – New York
Charter Number: 4880
Lifetime: Operated 1893 to 1934 | Total Issue – $2,324,300
Series: $50 – 1882 Brown Back National Banknote
Sheets Printed: 1,330
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: There are very few collectors who collect all areas of this state