Bank Name: The Farmers & Mechanics National Bank of Westminster
State: MD – Maryland
Charter Number: 1526
Lifetime: Operated 1865 to 1935 | Total Issue – $1,508,170
Series: $50 – 1902 Blue Seal National Banknote
Sheets Printed: 2,425
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 Maryland notes is mostly lukewarm right now. There are a lot of great notes from Maryland. However, they rarely see the light of day. They are tied up in long term collections. You rarely see more than a couple of interesting notes sell per year. If you don’t mind settling for big city notes, then the state is fairly easy to collect thanks to the huge supply of notes from Baltimore. Some old school collectors try to avoid Baltimore notes at all cost. Most collectors like notes from smaller towns. The location of the town is also important. Western Maryland notes aren’t quite as popular as notes from inside the beltway. There are lots of high-grade notes out there as bankers tended to save lots of the notes they signed.
We Are Buyers!!!
We buy all antique paper money issued by The Farmers & Mechanics National Bank of Westminster, MD. 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.