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We Paid $11,000!

Rare $50 1882 Brown Seal Bill from The First National Bank of Elkhorn, WI

Bank Name:  The First National Bank of Elkhorn

State:  WI – Wisconsin

Charter Number:  873

Lifetime:  Operated 1865 to 1935 | Total Issue – $781,460

Series:  $50 – 1882 Brown Back National Banknote

Sheets Printed:  100

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:  It is difficult to describe the Wisconsin national bank note market in one word. A huge collection was sold in 2008 and prices were generally thought to be strong then, but the market is likely off of those highs. Different parts of the state and different towns are always hot and other areas just don’t seem to have much of a following. We know collectors who only like Wisconsin river towns, or only like towns on the Great Lakes. We don’t generally think of Wisconsin as an especially developed state. However, it had 240 national banks in 131 different towns. There are dozens of ways to collect. It all depends on what you like. The notes that sell the best usually have an X factor. That X factor could be the type of note, the serial number, or the signor.

We Are Buyers!!!

We buy all antique paper money issued by The First National Bank of Elkhorn, WI. 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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