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We Paid $11,000!

Rare $50 1902 Red Seal Bill from The Whitney National Bank of New Orleans, LA

Bank Name:  The Whitney National Bank of New Orleans

State:  LA – Louisiana

Charter Number:  3069

Lifetime:  Operated 1883 to 1935 | Total Issue – $32,319,230

Series:  $50 – 1902 Red Seal National Banknote

Sheets Printed:  1,401

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:  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 Whitney National Bank of New Orleans, LA. 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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