Description: FR 664 $50 1902 Red Seal The Third National Bank of Saint Louis, Missouri CH 170 PMG 45 - High grade 1902 Red Seals are tough. One can spend years trying to complete a high-grade type set. Usually, as the denomination increased, so did the rarity. Typically, when national banks requested $50 bills from the Treasury Department, they were printed in subject sheets of two ($50-$100). So right off the bat, large size $50 national bank notes were several times rarer than their $5 and $10 denominated counterparts. Also, not every bank ordered $50-$100 sheets of currency. These high denominated bank notes were generally order by the country’s largest national banks. Combine all these factors and one can logically deduce that $50 1902 Red Seals are some of the RAREST large size national banknotes extant. Research will reveal that there are only 97 examples available to own (105 known, 8 permanently impounded in museums) which make the $50 1902 Red Seal rarer than the $100 (133 known, 9 impounded). With such few examples available to own and this note being condition census (6th finest known according to PMG), securing this note will likely prove to be a decision well made.
Price: 44500 USD
Location: Belvedere Tiburon, California
End Time: 2024-08-30T23:28:02.000Z
Shipping Cost: 0 USD
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Item Specifics
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
Circulated/Uncirculated: Circulated
Denomination: $50
Type: Banknotes
Year: 1902
Grade: 45
Country/Region of Manufacture: United States
Certification: PMG
