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.
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| Realized $1,150 |
