Bank Name: The First National Bank of Portland
State: OR – Oregon
Charter Number: 1553
Lifetime: Operated 1865 to 1935 | Total Issue – $17,037,920
Series: $50 – 1902 Blue Seal National Banknote
Sheets Printed: 11,685
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: At first glance you would probably expect the market for Oregon national bank notes to be better than it is. First charters from the state are especially rare. There are lots of very rare brown back and red seal banks. The general economy in Oregon is good, so plenty of collectors have money to spend. One of the problems is that there are lots of notes in private collections that are not recorded in the census of known notes. Something might appear to be one of three known to exist. It could actually very well be one of ten. So there is some risk if you are buying a blue seal or small size note. Notes issued before 1908 are legitimately rare. The best notes from Oregon can still be worth a lot of money.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Portland, OR. 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.