Goldberg Coins and Collectibles

Sale 62

The Pre-Long Beach Coin and Currency Auction

The Pannier Coll. of Large & Small Size National Notes from Orange County, CA

Lot	Photo	Description	Realized
Lot 2648		1902, $10 National Bank Note. The First NB, Anaheim, CA. PCGS Fine 15. Fr-624. . KL-1228. A pleasing example from here, this equally as nice as the $20 also here offered. Estimated Value $1,000 - 1,500. The William Pannier Estate. View details and enlarged photos	Realized $1,955
Lot 2649		1902, $20 National Bank Note. The Anaheim NB, Anaheim, CA. PCGS Very Fine 20. Fr-654. This example brought nearly $1,100 when last sold as part of the Lowell Horwedel holdings in 2004. It was also formerly part of the Henry Garrett and Philip Krakover collections. A solid VF example. Estimated Value $1,000 - 1,250. The William Pannier Estate. View details and enlarged photos	Realized $2,300
Lot 2650		1902, $20 National Bank Note. The First NB, Anaheim, CA. PCGS Fine 15. Fr-650. . KL-1302. This is considerably the scarcer of Anaheim's two collectible banks (the third is unreported). Ten large examples are listed in the census, a deceptive figure because many are ensconced in long term holdings and have been off the market for decades. This pleasing example previously appeared in the Horwedel sale, where it sold for $1,265. Expect a minimum of a similar result tonight. Estimated Value $1,000 - 1,500. The William Pannier Estate. View details and enlarged photos	Realized $1,323
Lot 2651		1902, $20 National Bank Note. The Anaheim NB, Anaheim, CA. PCGS Very Good 10. Fr-654. There are eight large size examples reported in the census from this bank, one of two in this collection from this always-popular locale. Estimated Value $600 - 800. The William Pannier Estate. View details and enlarged photos	Realized $1,064
Lot 2652		1882, $10 National Bank Note. The First NB, Fullerton, CA. PCGS Very Fine 25. Fr-577. . KL-1212. Only three Value Backs (all from this bank) and seven Second Charter notes of any design are known from Orange County. This piece from the Pannier Collection is the highest grade example listed in the census. Rare in all respects, and very likely to reach or exceed the top end of our estimate. Estimated Value $3,000 - 4,000. The William Pannier Estate. View details and enlarged photos	Realized $9,200
Lot 2653		1882, $10 National Bank Note. The First NB, Fullerton, CA. PCGS Very Fine 30. Fr-577. . KL-1212. This large size-only bank was chartered in 1900 and closed in 1924. The higher grade of the two known $10 Value Backs from here, this piece is one of the nicest of the dozen reported large size examples in the census. The last Second Charter note sold from here, a lower grade Date Back example, brought $6,000 more than six years ago. Expect spirited bidding that could far surpass our estimate. Estimated Value $3,000 - 5,000. The William Pannier Estate. View details and enlarged photos	Realized $10,063
Lot 2654		1882, $20 National Bank Note. The First NB, Fullerton, CA. PCGS Apparent Fine 15. Fr-555. . KL-1278. This rare note is the only known 1882 series Date Back example of any denomination from any Orange County Bank, and is one of just seven reported Second Charter notes of any design type from the county. Despite receiving an "Apparent" grade from PCGS Currency for some trivial repairs near the center that affect nothing, it is a pleasing example overall and stands alone on rarity. When last sold as part of the Horwedel collection in 2004, it brought a hair over $6,000. Expect no less when this piece crosses the block today. Estimated Value $4,000 - 6,000. The William Pannier Estate. View details and enlarged photos	Realized $3,795
Lot 2655		1902, $5 National Bank Note. First NT & SB, Fullerton, CA. PCGS Very Good 10. Fr-609. . KL-1166. Only four large size pieces are known to exist, including two from this collection. All save one (a serial number 1 note which we have never seen offered for sale) are well circulated, with this note no exception. This is, however, a solid example, its only flaw (and a minor one at that) being a bottom margin that is trimmed a bit tight. When last sold in 2008, this note, previously from the Kansas City collection, brought $5,175. Estimated Value $2,000 - 3,000. The William Pannier Estate. View details and enlarged photos	Realized $3,163
Lot 2656		1902, $10 National Bank Note. First NT & SB, Fullerton, CA. PCGS Fine 12. Fr-635. . KL-1239. Only four large size notes are reported in the census on this bank, which was chartered in 1925 as the New First National Bank but did not issue until its name change in 1927. Only $490 in large was outstanding in 1935, and this is the only known $10. A pleasing circulated example with slightly faded but plainly visible stamped signatures. Estimated Value $2,500 - 3,500. The William Pannier Estate. View details and enlarged photos	Realized $4,313
Lot 2657		1902, $10 National Bank Note. The First NB, Fullerton, CA. PCGS Good 6. Fr-633. . KL-1237. A dozen large size notes are known from here, with this piece well circulated and a little frayed at the edges but still fully intact. Estimated Value $400 - 600. The William Pannier Estate. View details and enlarged photos	Unsold
Lot 2658		1902, $5 National Bank Note. The First NB, Garden Grove, CA. PCGS Fine 15. Fr-606. . KL-1163. Amazingly, of the less than one dozen examples currently known from this one-bank town, this Orange County collection contains six of them. This is a problem-free example. Estimated Value $1,000 - 1,250. The William Pannier Estate. View details and enlarged photos	Realized $1,035
Lot 2659		1902, $5 National Bank Note. The First NB, Garden Grove. PCGS Fine 15. Fr-606. . KL-1163. Garden Grove was founded by Alonzo Cook in 1874. It remained a small rural crossroads until the arrival of the railroad in 1905. The First National Bank was chartered in 1918, and remained the only bank in town during the National Bank Note issuing period. This solid circulated example is a pleasing Fine-VF $5 with strong stamped signatures, and is one of just 10 large size notes reported in the census. This note is pedigreed to the Kansas City Collection, and when last sold, in January 2008, it realized nearly $1,500. Estimated Value $1,000 - 1,250. The William Pannier Estate. View details and enlarged photos	Realized $1,955
Lot 2660		1902, $5 National Bank Note. The First NB, Garden Grove, CA. PCGS Fine 12. Fr-606. . KL-1163. Yet another example from here, this a little lower grade but free of any major distractions. Estimated Value $800 - 1,000. The William Pannier Estate. View details and enlarged photos	Realized $1,438
Lot 2661		1902, $5 National Bank Note. The First NB, Garden Grove, CA. PCGS Apparent Very Fine 20. Fr-606. . KL-1163. There is a touch of old, minor mounting residue along the bottom edge of this note, as notated by PCGS Currency on their holder, otherwise this is a crisp, decent looking example. Estimated Value $700 - 900. The William Pannier Estate. View details and enlarged photos	Realized $661
Lot 2662		1902, $5 National Bank Note. The First NB, Garden Grove, CA. PCGS Apparent Fine 12. Fr-606. . KL-1163. There is a small piece missing from the edge at the bottom right, as well as a small edge tear at right; both minor flaws are mentioned by PCGS Currency. Otherwise, this example is a decent enough example from here. Estimated Value $600 - 800. The William Pannier Estate. View details and enlarged photos	Unsold
Lot 2663		1902, $5 National Bank Note. The First NB, Garden Grove, CA. PCGS Apparent Very Fine 20. Fr-606. . KL-1163. Although heavily damaged and with some rust stains, as noted by PCGS Currency, this is still a rare note and is likely as affordable a note from here as a budget-conscious collector is apt to ever find. Estimated Value $400 - 600. The William Pannier Estate. View details and enlarged photos	Realized $276
Lot 2664		1902, $10 National Bank Note. The First NB, La Habra, CA. PCGS Very Good 10. Fr-633. . KL-1237. Another great rarity from this Orange County collection, this is one of only two notes known from this bank, La Habra's only issuer. This offering marks only the fourth time in sixty-five years that collectors have had the opportunity to add a note from here to their holdings. This example first came to light in CAA's October, 1995 sale, where Lowell Horwedel obtained it at a then enormous price of $4,125. William Pannier was the winning bidder at the sale of Lowell's collection in 2004 at a whopping bid of $11,500. The only other example known is the Colver specimen, which sold in his 1999 sale for $5,225. With that piece now ensconced in a major long term holding, this will likely be the last opportunity for many years for any collector to own a note from this much sought after Orange County location. A nice solid Very Good-Fine, with clear signatures, a trophy note certain to inspire spirited bidding before it goes home to a new proud owner. Estimated Value $7,000 - 10,000. The William Pannier Estate. View details and enlarged photos	Realized $15,525
Lot 2665		1902, $10 National Bank Note. The NB of Orange, CA. PCGS Very Choice New 64. Fr-619. . KL-1222. This is much the scarcer of Orange's two issuing banks, with this institution emitting large notes only until its demise in 1927. Although a fair number of notes are known, offerings have been few and far between. This is a remarkable high grade example, with outstanding pen signatures and bearing serial number 9. Estimated Value $2,000 - 3,000. The William Pannier Estate. View details and enlarged photos	Realized $5,520
Lot 2666		1902, $10 National Bank Note. The NB of Orange, CA. PCGS Very Fine 20. Fr-627. . KL-1231. A remarkable second example from this scarcer of the two banks in Orange, this one ex: Philip Krakover and Lowell Horwedel. Estimated Value $700 - 1,000. The William Pannier Estate. View details and enlarged photos	Realized $2,013
Lot 2667		1902, $10 National Bank Note. The Placentia NB, Placentia, CA. PCGS Very Fine 25. Fr-628. . KL-1232. This large size-only bank was the only bank in town. It was chartered in 1911 and liquidated in 1926. This note is a lovely crisp example, with sharp pen signatures of John E. Scott as cashier and A.S. Bradford as bank president. It is pedigreed to the Colver collection and realized $2,500 in 1998; it last sold for more than $5,000 when it last appeared as part of Lowell Horwedel's collection in 2004. Estimated Value $3,000 - 4,000. The William Pannier Estate. View details and enlarged photos	Realized $6,038
Lot 2668		1902, $10 National Bank Note. The American NB, Santa Ana, CA. PCGS Fine 12. Fr-633. . KL-1237. Santa Ana's shortest lived bank, which came and went in just four years and issued only Third Charter $10 and $20 Plain Backs. Only eight notes are known from here, all of which are pretty low grade, with even the Colver and Horwedel specimens grading no more than Very Good. Estimated Value $1,250 - 1,750. The William Pannier Estate. View details and enlarged photos	Realized $1,610
Lot 2669		1902, $5 National Bank Note. The Commercial NB, Santa Ana, CA. PCGS Apparent Very Fine 25. Fr-610. . KL-1167. A late charter bank which issued large notes for a little over one year. With only $290 outstanding in 1935, one would expect this to be in the ultra-rare to unobtainable category, but to date eight large notes have been reported. While some minor defects are noted by PCGS Currency, including a small edge split, a repaired edge tear and some minor rust stains, this piece is certainly an acceptable example. Estimated Value $600 - 800. The William Pannier Estate. View details and enlarged photos	Realized $1,150
Lot 2670		1902, $10 National Bank Note. The First NB, Santa Ana, CA. PCGS Very Good 10. Fr-614. . KL-1217. While this incredible rarity is from a common bank, it is an important offering as the only known Red Seal from any bank in Orange County. Its importance as such cannot be overstated, as Red Seals were printed on three Orange County banks but none but this piece have survived. It is moderately circulated but basically free of any problems, and grade is likely irrelevant on a rarity of this scale. While the Kelly reference suggests a value in the range of our estimate, we would not be at all surprised if spirited bidding resulted in a hammer price well into five figures. Estimated Value $4,000 - 6,000. The William Pannier Estate. View details and enlarged photos	Realized $4,255
Lot 2671		1902, $10 National Bank Note. The First NB, Santa Ana, CA. PCGS Extremely Fine 40PPQ. Fr-625. . KL-1229. A lovely and fully original high-end circulated example from this bank, ideal if you just want one from here. Estimated Value $400 - 600. The William Pannier Estate. View details and enlarged photos	Realized $776
Lot 2672		1902, $10 National Bank Note. The First NB, Santa Ana, CA. PCGS Extremely Fine 45. Fr-625. . KL-1229. A lovely, bright example with just a couple of light hidden folds, this piece bears nice stamped signatures and an excellent appearance overall. Estimated Value $350 - 550. The William Pannier Estate. View details and enlarged photos	Realized $719
Lot 2673		1902, $10 National Bank Note. The First NB, Santa Ana, CA. PCGS Fine 15. Fr-625. . KL-1229. A decent circulated example from the original home of the offices of PCGS Currency. Estimated Value $200 - 300. The William Pannier Estate. View details and enlarged photos	Realized $334
Lot 2674		1902, $20 National Bank Note. The Farmers & Merchants NB, Santa Ana, CA. PCGS Very Fine 20PPQ. Fr-643. . KL-1294. This is Santa Ana's scarcest bank, issuing for less than 14 years before closing in 1919. Only four notes are known from here, with our data showing that only three times in sixty years has any example from this bank been available to the collecting fraternity, once in the 1990 Krakover sale, and this note twice in the Colver collection sale of 1999 and the Horwedel sale of 2004. This attractive pen signed Date Back realized $2,420 in the Colver sale and more than $5,000 in the Horwedel sale. It is fully original and problem-free for the grade, and is likely to approach or exceed its realization from more than six years ago. Estimated Value $3,000 - 5,000. The William Pannier Estate. View details and enlarged photos	Realized $6,038
Lot 2675		1902, $20 National Bank Note. The California NB, Santa Ana, CA. PCGS Very Fine 20. Fr-653. . KL-1305. Third Charter Date Backs and Plain Backs only from this rare bank, which issued for just a dozen years before liquidating in early 1923. Only six notes are known, a number which has remained unchanged for several years with no new discoveries in the last decade or so. Purple signatures add to the visual appeal of this note that was in both the Charles Colver and the Lowell Horwedel collections. It last sold for a hair over $4,000 when last offered in 2004. Estimated Value $2,500 - 3,500. The William Pannier Estate. View details and enlarged photos	Realized $2,415
Lot 2676		1902, $20 National Bank Note. The First NB, Santa Ana, CA. PCGS Fine 15. Fr-651. . KL-1303. A solid Third Charter $20 from this Orange County collection. Estimated Value $200 - 300. The William Pannier Estate. View details and enlarged photos	Realized $437
Lot 2677		1929, $10 National Bank Note. The First NB, Anaheim, CA. PCGS Apparent Very Fine 20. Fr-1801-1. . KL-1243. Much rarer in small size than in large, with only four small size notes currently reported in the census, this bank folded in January, 1930, just as the financial panic that soon gripped the nation began to unfold. This note has a small edge tear at the top right of center, as mentioned by PCGS Currency, otherwise it is actually quite nice. Rare, and with two pieces here offered it may be a while before collectors have another chance. Estimated Value $1,000 - 1,500. The William Pannier Estate. View details and enlarged photos	Realized $1,150
Lot 2678		1929, $10 National Bank Note. The Anaheim NB, Anaheim, CA. PCGS Very Fine 30PPQ. Fr-1801-1. . KL-1243. A gorgeous, problem-free note from this bank's first title. Estimated Value $700 - 900. The William Pannier Estate. View details and enlarged photos	Realized $949
Lot 2679		1929, $20 National Bank Notes. Uncut Serial #1 Sheet. Anaheim First NB, Anaheim, CA. PCGS Choice About New 58PPQ. Fr-1802-1. . KL-1317. A lovely serial number 1 sheet from Anaheim, the first sheet of small size Twenties issued on this bank. It is almost fully New, with just a bit of handling in one of the corners; five of the notes would grade fully Choice or Gem Uncirculated if graded alone. Serial number 1 sheets from Orange County exist from this and a couple of other banks, but public offerings are few and far between. Estimated Value $9,000 - 12,000. The William Pannier Estate. View details and enlarged photos	Realized $12,075
Lot 2680		1929, $20 National Bank Note. The First NB, Anaheim, CA. PCGS Fine 15. Fr-1802-1. . KL-1317. A second opportunity to acquire a small size note from this rare bank, this piece just about as nice as the last. Estimated Value $1,000 - 1,500. The William Pannier Estate. View details and enlarged photos	Realized $1,064
Lot 2681		1929, $20 National Bank Note. The Anaheim NB, Anaheim, CA. PCGS Very Fine 25. Fr-1802-1. . KL-1317. A second small size example from the bank's first title, one of just 11 reported in the census. Estimated Value $500 - 700. The William Pannier Estate. View details and enlarged photos	Realized $575
Lot 2682		1929, $10 National Bank Note. Anaheim First NB, Anaheim, CA. PCGS About New 53. Fr-1801-1. . KL-1243. A lovely serial number 2 example from this bank's second title. Estimated Value $700 - 1,000. The William Pannier Estate. View details and enlarged photos	Realized $1,265
Lot 2683		1929, $5 National Bank Note. Oilfields NB in Brea, CA. PCGS Choice About New 58PPQ. Fr-1800-2. . KL-1171. This lovely high grade example is pedigreed to the Horwedel sale, where it brought $2,185 in 2004. It is one of a small and long since dispersed hoard of $5 Type 2 examples which make up the overwhelming majority of the reported notes from here. Estimated Value $2,000 - 2,500. The William Pannier Estate. View details and enlarged photos	Realized $11,500
Lot 2684		1929, $5 National Bank Note. First NT & SB, Fullerton, CA. PCGS Fine 15PPQ. Fr-1800-1. . KL-1170. Pleasing and problem-free. Estimated Value $400 - 500. The William Pannier Estate. View details and enlarged photos	Realized $483
Lot 2685		1929, $5 National Bank Note. First NT & SB, Fullerton, CA. PCGS Fine 12. Fr-1800-1. . KL-1170. One of only five reported Type 1 $5s from here. Estimated Value $300 - 400. The William Pannier Estate. View details and enlarged photos	Realized $978
Lot 2686		1929, $10 National Bank Note. First NT & SB, Fullerton, CA. PCGS Very Fine 25. Fr-1801-1. . KL-1243. A nice example that is new to the census. Estimated Value $500 - 600. The William Pannier Estate. View details and enlarged photos	Realized $1,323
Lot 2687		1929, $10 National Bank Note. First NT & SB, Fullerton, CA. PCGS Very Fine 20. Fr-1801-1. . KL-1243. The $10 is unreported in the census, which currently numbers about two dozen known small size notes from this bank. Estimated Value $400 - 500. The William Pannier Estate. View details and enlarged photos	Realized $1,438
Lot 2688		1929, $10 National Bank Note. First NT & SB, Fullerton, CA. PCGS Apparent Very Good 10. Fr-1801-2. . KL-1244. Although the paper is stained a dark brown color, this remains an excellent opportunity to bid on an affordable example of this heavily collected Orange County locale. Estimated Value $200 - 250. The William Pannier Estate. View details and enlarged photos	Realized $265
Lot 2689		1929, $5 National Bank Note. The First NB, Garden Grove, CA. PCGS Very Fine 20. Fr-1800-1. . KL-1170. Amazingly, of the only seven known small size notes from here, four are included in the Pannier Collection and are available today. Estimated Value $1,000 - 1,500. The William Pannier Estate. View details and enlarged photos	Realized $2,128
Lot 2690		1929, $5 National Bank Note. The First NB, Garden Grove, CA. PCGS Fine 15PPQ. Fr-1800-1. . KL-1170. Nearly as nice as the last in terms of numerical grade, and original and problem-free for the grade. Estimated Value $1,000 - 1,500. The William Pannier Estate. View details and enlarged photos	Realized $1,495
Lot 2691		1929, $5 National Bank Note. The First NB, Garden Grove, CA. PCGS Fine 15. Fr-1800-2. . KL-1171. This is one of only two known Type 2 $5s from here. Estimated Value $800 - 1,200. The William Pannier Estate. View details and enlarged photos	Realized $1,380
Lot 2692		1929, $5 National Bank Note. The First NB, Garden Grove, CA. PCGS Fine 12. Fr-1800-1. . KL-1170. Don't be deceived by the appearance of so many notes from here in this sale--another opportunity to own a note from this location may not appear for quite some time as most scarce California Nationals tend to be tightly held in collections for many years. Estimated Value $700 - 1,000. The William Pannier Estate. View details and enlarged photos	Realized $1,064
Lot 2693		1929, $10 National Bank Note. The First NB, Olive, CA. PCGS Very Fine 30PPQ. Fr-1801-1. . KL-1243. This one-bank community is today one of the smallest inhabited unincorporated areas in California. Now completely surrounded by the city of Orange, Olive was settled in 1887 and most of the existing houses date pre-1930s. Not surprisingly, notes from here are seldom seen and public sales are few and far between. This high grade example is a real "peach," and is one of the two or three finest notes known from here. It is new to the census which now stands at nine small size examples known. A similar grade piece brought more than $6,000 in the Horwedel sale in 2004, and although we don't expect quite that realization today we wouldn't be entirely surprised if it approached or exceeded that mark. Estimated Value $3,000 - 4,000. The William Pannier Estate. View details and enlarged photos	Realized $5,060
Lot 2694		1929, $10 National Bank Note. The First NB, Olive, CA. PCGS Fine 15. Fr-1801-1. . KL-1243. A second example from this rare village, one of the more evocative names in California Nationals. Estimated Value $1,500 - 2,000. The William Pannier Estate. View details and enlarged photos	Realized $2,990
Lot 2695		1929, $5 National Bank Note. The First NB, Orange, CA. PCGS Very Fine 20. Fr-1800-1. . KL-1170. While small size notes from here aren't particularly rare, they don't show up for public sale with any regularity. This one is as nice as most we've seen. Estimated Value $250 - 350. The William Pannier Estate. View details and enlarged photos	Realized $311
Lot 2696		1929, $5 National Bank Note. The First NB, Orange, CA. PCGS Apparent Very Good 8. Fr-1800-1. . KL-1170. A small notch at the top right is easily visible and is mentioned by PCGS Currency, but otherwise this note is quite decent overall for the grade. Estimated Value $100 - 125. The William Pannier Estate. View details and enlarged photos	Realized $115
Lot 2697		1929, $5 National Bank Note. The First NB, Orange, CA. PCGS Apparent Fine 12. Fr-1800-1. . KL-1170. This note from Orange has a paperclip rust stain on the face that is mentioned by PCGS. Estimated Value $100 - 125. The William Pannier Estate. View details and enlarged photos	Realized $127

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