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We Paid $11,000!

Rare $50 1882 Brown Seal Bill from The Deseret National Bank of Salt Lake City, UT

Bank Name:  The Deseret National Bank of Salt Lake City

State:  UT – Utah

Charter Number:  2059

Lifetime:  Operated 1872 to 1935 | Total Issue – $11,094,180

Series:  $50 – 1882 Brown Back National Banknote

Sheets Printed:  2,200

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

Basic Design:

Rarity and Value:  These are pretty scarce notes. Not many banks chose to issue such a high denomination in the late 19th century. The most generic examples in circulated condition are still worth around $3,000 each. There is a lot of room for that price to get higher. The condition and bank of issue are both extremely important. Contact us for details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  Utah only had eighteen different towns with national banks that issued currency. At least a couple of the towns are still unreported today. The market for Utah national bank notes is generally good, but you have to have something worth buying to capitalize on the strong market. Utah did not become a state until 1896. Anything issued while it was still a territory is certainly desirable. 1902 red seals are especially scarce from Utah. Some blue seals are fairly rare. We are specifically talking about Beaver City, Coalville, Delta, Layton, and Myton. If you are into Mormon history then you can collect by signors; some bankers were famous within the church. Brigham Young even signed some notes.

We Are Buyers!!!

We buy all antique paper money issued by The Deseret National Bank of Salt Lake City, UT. 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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