Bank Name: The First National Bank of Kingsburg
State: CA – California
Charter Number: 8409
Lifetime: Operated 1906 to 1926 | Total Issue – $130,750
Series: $50 – 1902 Red Seal National Banknote
Sheets Printed: 200
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: In the early part of the 21st century notes from California were especially hot. The reality is that most collectors who follow the state have been collecting for decades. So you have to have something really special to achieve the prices we were seeing ten years ago, because most collectors have very few holes in their collections left to fill. There were lots of blue seal banks in California that seem rare, but they don’t always bring values commiserate with their perceived rarity. The location of the bank also matters. Traditionally notes from the bay area and San Diego have been especially popular. It should go without saying that national gold bank notes from California have a special place in most currency collections.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Kingsburg, CA. 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.