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We Paid $11,000!

Rare $50 1882 Brown Seal Bill from The Merchants Exchange National Bank of Muscatine, IA

Bank Name:  The Merchants Exchange National Bank of Muscatine

State:  IA – Iowa

Charter Number:  1577

Lifetime:  Operated 1865 to 1933 | Total Issue – $777,880

Series:  $50 – 1882 Brown Back National Banknote

Sheets Printed:  13

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:  Iowa is considered to be the birthplace of the national bank note collecting hobby. In fact the only museum dedicated to national currency is located in Iowa. The original dealers supporting our niche numismatic area lived and worked out of Iowa. That means that for almost six decades there have been collectors in Iowa trying to find great rarities from their home state. New and good discoveries from Iowa are few and far between these days. Most long terms collectors feel like they have seen it all before; and many times they are correct. When we think of Iowa, images of pen-signed notes from great town names (Spirit Lake, Hawkeye, Lost Nation, Jewell Junction, etc.) come to mind.

We Are Buyers!!!

We buy all antique paper money issued by The Merchants Exchange National Bank of Muscatine, IA. 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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