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We Paid $11,000!

Rare $100 1902 Blue Seal Bill from The Merchants National Bank of Eagle Grove, IA

Bank Name:  The Merchants National Bank of Eagle Grove

State:  IA – Iowa

Charter Number:  4694

Lifetime:  Operated 1892 to 1924 | Total Issue – $303,400

Series:  $100 – 1902 Blue Seal National Banknote

Sheets Printed:  670

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

Basic Design:

Rarity and Value:  Your typical 1902 $100 blue seal is from a large bank, usually in a larger city. You can buy a generic example for between $450 and $900. Some notes can be worth a lot more than that. However, they would have to be from a rare bank or be in especially high grade. Please contact us for exact value information. 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 Eagle Grove, IA. We can tell you how much your $100 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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Email: Info@RareCurrency.com
Phone: (864) 430-4020
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