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We Paid $11,000!

Rare $5 1902 Red Seal Bill from The Welsh National Bank of Welsh, LA

Bank Name:  The Welsh National Bank of Welsh

State:  LA – Louisiana

Charter Number:  6418

Lifetime:  Operated 1902 to 1905 | Total Issue – $10,450

Series:  $5 – 1902 Red Seal National Banknote

Sheets Printed:  160

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

Basic Design:

Rarity and Value:  Ben Harrison is shown on each third charter $5 bank note. Five dollar red seals are scarce. Most banks chose to issue $10 and $20 bills only. We can’t give you an exact value for your red seal on our page here. Values are based on the condition and bank of issue. Generic examples sell for around $400. A large majority will be worth more than. Some could be worth considerably more. Please contact us for details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  If you want a collecting challenge, try to find notes from towns besides New Orleans that are in VF condition or better. Many notes from Louisiana are just plain scarce. The state itself is fun to collect. The banks in New Orleans printed enough money that lots of interesting types are available for reasonable prices. However, it will be tough to find notes with great eye appeal. We see lots of notes with faded signatures. The weather and humidity have not been kind to the survivors waiting to be found. In fact, Hurricane Katrina severely damaged at least two collections we know about. We have handed some great Louisiana rarities, but they are still few and far between.

We Are Buyers!!!

We buy all antique paper money issued by The Welsh National Bank of Welsh, LA. We can tell you how much your $5 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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