Bank Name: The Coal And Iron National Bank of The City of New York
State: NY – New York
Charter Number: 7203
Lifetime: Operated 1904 to 1926 | Total Issue – $5,793,540
Series: $50 – 1902 Red Seal National Banknote
Sheets Printed: 2,300
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: John Sherman is pictured on the front of each third charter $50 bill. Right now there are only about 100 1902 $50 red seals known to exist! That means that even generic examples should sell for a few thousand dollars. If you have a note from a rare bank or rare state, that also happens to be in great condition, then the value could easily be in excess of $10,000. Please contact us for exact values. 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