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We Paid $11,000!

Rare $50 Bill from The Newark City National Bank of Newark, NJ

Bank Name:  The Newark City National Bank of Newark

State:  NJ – New Jersey

Charter Number:  1220

Lifetime:  Operated 1865 to 1902 | Total Issue – $1,372,480

Series:  $50 – Original Series National Banknote

Sheets Printed:  784

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

Basic Design:

Rarity and Value:  It is easy to talk about these. All you need to know is that they rare and valuable. Very few banks in the 1860s and 1870s had the need for such a high denomination. Furthermore, very few people in that same time period had a net worth of $50, much less the ability to ever own a $50 bill for more than a few hours. Only about 40 notes like this are known to exist today (and that is across all banks in the country). Values start at $10,000 and go up from there. Contact us if you need an exact price. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  New Jersey has a large and often wealthy population. This is good news if you are looking to sell a national bank note from an old New Jersey bank. The location of the town matters a lot. There are significant premiums for notes from shore banks. Towns that are typically considered part of the New York City metro area tend to be popular. Bank notes from other places in New Jersey can struggle to find support once more than three or four are known to exist. The type of note issued is also important. First charters are traditionally fairly scarce. High grade second charter notes and 1902 red seals are certainly in demand. There is even a lot of competition for truly rare 1929 notes.

We Are Buyers!!!

We buy all antique paper money issued by The Newark City National Bank of Newark, NJ. 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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