Bank Name: The Peoples National Bank of Salisbury
State: NC – North Carolina
Charter Number: 9076
Lifetime: Operated 1908 to 1923 | Total Issue – $1,106,800
Series: $50 – 1902 Red Seal National Banknote
Sheets Printed: 40
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: John Sherman is pictured on the front of each third charter $50 bill. Right now there are only about 100 1902 $50 red seals known to exist! That means that even generic examples should sell for a few thousand dollars. If you have a note from a rare bank or rare state, that also happens to be in great condition, then the value could easily be in excess of $10,000. Please contact us for exact values. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.
Current Market Analysis: The market for better North Carolina national bank notes has traditionally been strong. It was stronger five years ago compared to today. However, it is a better state than most in terms of demand and number of collectors. North Carolina already had a robust economy during the first charter period (prior to 1882) so you can find early notes from major cities like Charlotte, Winston Salem, Raleigh, etc. The most prized notes from the state are going to be from the tiny communities that issued during the early 20th century. A couple of towns that come to mind are Hamlet and Murphy. Notes with color like 1882 brown backs and 1902 red seals are not necessarily rare, but they are much more popular than blue seals or small size notes.
We Are Buyers!!!
We buy all antique paper money issued by The Peoples National Bank of Salisbury, NC. 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.