Bank Name: The First National Bank of Butte
State: MT – Montana
Charter Number: 2566
Lifetime: Operated 1881 to 1935 | Total Issue – $2,372,000
Series: $50 – 1902 Blue Seal National Banknote
Sheets Printed: 1,933
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: Most 1902 $50 blue seals you see are from fairly large banks and bigger cities. The most generic ones are worth between $400 and $800. There is certainly room for that value to increase. Notes from rare banks or notes that are in especially high grade can be worth more than $1,000. Sometimes the bank doesn’t even have to be rare, the type could be rare for the state. Please contact us for pricing details. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: There is a very strong demand for territorial notes from Montana. Those can be first charters and some brown back notes. Montana became a state in 1889. Most territorials have long been discovered and are tightly held with collectors. Third charter notes (red seal and blue seals) seem to be out of favor with collectors right now. We really can’t explain why, but prices were definitely stronger for these notes ten years ago. In years past there has been lots of outside interest in Montana notes from collectors who hunted, skied, or otherwise vacationed there. Most serious collectors never lived in the state. You are going to see lots of notes from larger cities like Billings and Kalispell. Other notes should be assumed to be scarce until proven otherwise.
We Are Buyers!!!
We buy all antique paper money issued by The First National Bank of Butte, MT. 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.