Series of 1902 Fifty Dollar Red Seal Value

Series of 1902 Fifty Dollar Red Seal National Currency Value


Year:  1902 (1902-1908) Type:  National Currency / Bank Note Denomination:  Fifty Dollar Bill
Value:  1902 $50 red seals are worth different amounts of money based on condition, bank, and serial number
We purchase all 1902 $50 red seal bills.  Send us an email to tell us what you have  We will respond quickly with our opinion and offer.
Description:  Over 12,000 banks issued national currency.  However, only about 400 banks printed series of 1902 red seal fifty dollar notes.  In fact, right now there are only about 100 of these known to exist.  Of course more will be found as time passes, but right now 1902 $50 red seals are rare.  You have to remember that these were only printed between 1902 and 1908, and these didn’t become collectible until the 1940s, and even then they were only worth a few dollars over face value.  The ones that have survived were kept as souvenirs or simply saved by accident.  Needless to say, today they are worth thousands.

The front has a portrait of John Sherman.  The serial numbers are printed in a blue ink and the rest of the overprints, including the charter number and seal, are in red ink.

Please contact us if you have a 1902 $50 red seal national bank note.

Variations:  1902 $50 red seals can come with any of the following three signature combinations:

Lyons – Roberts
Lyons – Treat
Vernon – Treat

The good news is that those signature combinations are absolutely meaningless.  Virtually all collectors are going to buy a 1902 fifty dollar bill because of the bank of issue.

Inscriptions:  National Currency  –  Secured By United States Bonds Deposited With The Treasurer Of The United States of America Will Pay To The Bearer On Demand Fifty Dollars  –  Register of the Treasury  –  Treasurer of The United States  –  Cashier  –  President  –  Series of 1902  –  This note is receivable at par in all parts of the United States in payment of all taxes and excises and all other dues to the United States except duties on imports and also for all salaries and other debts and demands owing by The United States to individuals corporations and associations within the United States except interest on the public debt.