Bank Name: The First National Bank of Sheldon
State: ND – North Dakota
Charter Number: 6977
Lifetime: Operated 1903 to 1923 | Total Issue – $231,050
Series: $100 – 1902 Red Seal National Banknote
Sheets Printed: 47
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: A portrait of John Jay is on the front of each third charter national bank note. 1902 $100 red seals are very rare as a type. Only around 125 are known to exist. Even notes from large banks in heavily circulated condition should still be worth around $4,000. That price can get much higher if the note is from a rare bank, rare state, or is in high grade. Please contact us for details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: The market for North Dakota national bank notes has been better in the past than it is now. A huge collection was sold in January 2013 and there were lots of bargains to be had. The state has always benefitted from having a few currency dealers keeping their main residence in North Dakota. Most cities in North Dakota have a very small population today and had a small population when national bank notes were originally issued. The reality is that many notes from North Dakota are quite rare. A general rule is that notes that were issued while North Dakota was still a territory are more valuable than later printings. The great news is that there are still lots of discoveries waiting to be found.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Sheldon, ND. 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.