Bank Name: The City National Bank of Dayton
State: OH – Ohio
Charter Number: 2874
Lifetime: Operated 1883 to 1930 | Total Issue – $3,733,300
Series: $50 – 1902 Blue Seal National Banknote
Sheets Printed: 2,163
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: Most 1902 $50 blue seals you see are from fairly large banks and bigger cities. The most generic ones are worth between $400 and $800. There is certainly room for that value to increase. Notes from rare banks or notes that are in especially high grade can be worth more than $1,000. Sometimes the bank doesn’t even have to be rare, the type could be rare for the state. Please contact us for pricing details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: The market for Ohio national bank notes is very weak right now. There is still reasonable demand if you have a truly unique note. However, second and third known blue seals are can sometimes sell for less than $1,500. The problem with the market is that Ohio had hundreds of national banks and the supply of notes is huge. Today the state is economically depressed and collectors just don’t have a lot of money to spend. So the supply of rare notes is high and the demand is especially low. Obviously that is a poor combination if you are trying to sell something for a lot of money. The great news is that if you are collector you can spend a little bit of money and get a lot of value in return.
We Are Buyers!!!
We buy all antique paper money issued by The City National Bank of Dayton, OH. 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.