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We Paid $11,000!

Rare $50 Bill from The Merchants National Bank of Dubuque, IA

Bank Name:  The Merchants National Bank of Dubuque

State:  IA – Iowa

Charter Number:  846

Lifetime:  Operated 1865 to 1873 | Total Issue – $265,500

Series:  $50 – Original Series National Banknote

Sheets Printed:  100

Value:  Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020

Basic Design:

Rarity and Value:  It is easy to talk about these. All you need to know is that they rare and valuable. Very few banks in the 1860s and 1870s had the need for such a high denomination. Furthermore, very few people in that same time period had a net worth of $50, much less the ability to ever own a $50 bill for more than a few hours. Only about 40 notes like this are known to exist today (and that is across all banks in the country). Values start at $10,000 and go up from there. Contact us if you need an exact price. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  Iowa is considered to be the birthplace of the national bank note collecting hobby. In fact the only museum dedicated to national currency is located in Iowa. The original dealers supporting our niche numismatic area lived and worked out of Iowa. That means that for almost six decades there have been collectors in Iowa trying to find great rarities from their home state. New and good discoveries from Iowa are few and far between these days. Most long terms collectors feel like they have seen it all before; and many times they are correct. When we think of Iowa, images of pen-signed notes from great town names (Spirit Lake, Hawkeye, Lost Nation, Jewell Junction, etc.) come to mind.

We Are Buyers!!!

We buy all antique paper money issued by The Merchants National Bank of Dubuque, IA. 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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