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We Paid $11,000!

Rare $50 1902 Red Seal Bill from The Union National Bank of Summerville, PA

Bank Name:  The Union National Bank of Summerville

State:  PA – Pennsylvania

Charter Number:  6739

Lifetime:  Operated 1903 to 1935 | Total Issue – $615,230

Series:  $50 – 1902 Red Seal National Banknote

Sheets Printed:  190

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:  The market for national bank notes from Pennsylvania is as good as it have ever been. The only problem is that the market has never been that great. More than 1,000 banks in Pennsylvania issued national currency. No one really has the budget or motivation to collect every single note from the state. Most collectors tend to focus on a specific county or city. Notes from Philadelphia and its surrounding suburbs have a close following, but most notes are plentiful. Some people really like Grange banks. All types of notes are so plentiful that you could focus on just brown backs or just red seals and still be able to assemble a diverse and interesting collection without spending a tremendous amount of money.

We Are Buyers!!!

We buy all antique paper money issued by The Union National Bank of Summerville, PA. 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.

Info@RareCurrency.com – 864-430-4020

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