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147
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U.S. Currency
D
ISCOVERY
1902 $10 N
ATIONAL
B
ANK
N
OTE
938
1902, Plain Back $10 National Bank Note. The First
NB, South Pasadena, CA, Ch#8544. Very Fine-
Extremely Fine
.
Fr-626
.
KL-1230
. This incredible and
unique "discovery" note is the first to appear on the market
from this Los Angeles-area bank. While the bank seems to
have issued plenty of notes, a total of $264,650 in face
value from 1907 until its close in 1922, collectors have
never yet had an opportunity to obtain one. It is a bright,
crisp example with several folds that define the grade, and
it's fully original with fantastic pen signatures. Estimating
this rarity is difficult, since only one bidder can be success-
ful and there are likely to be many collectors who will com-
pete for this prize, but if recent history is any guide we
could see our estimate far surpassed before the hammer
falls.
Estimated Value .................................... $40,000 - 50,000
1902 $10 N
ATIONAL
B
ANK
N
OTE
939
1902, Plain Back $10 National Bank Note. The First
NB, Moore, MT, Ch#8539. Very Fine
.
Fr-626
.
KL-
1230
. This is an exciting note from a tiny Fergus County
community in central Montana that has a current popula-
tion of less than 200 residents. It is the only note reported
from this bank, which opened in 1907 and was liquidated in
1923. The note itself is a pleasing circulated example with
no major flaws, and bold "vanity" signatures add to the eye
appeal. "Trophy notes" like this are seldom available at any
price, and only one strong-willed collector can take this
note home. A picture post card featuring the town main
street, including the bank of issue, is included with this lot.
Estimated Value .................................... $15,000 - 20,000
940
1902, Plain Back $10 National Bank Note. First NB,
Wilmerding, PA, Ch#5000. PCGS Very Fine 25PPQ
.
Fr-
631
.
KL-1235
. From the second title of this bank which held
National Bank charter number 5000, this nice circulated exam-
ple possesses crisp paper, bright colors and inks, and excellent
eye appeal.
Estimated Value ................................................... $200 - 250
941
A trio of 1902 U.S. National Bank Notes
. Consist of:
1902
$5, Commercial National Bank of Columbus, Fr-608,
Choice VG; 1902 $10, Grand Rapids National Bank, Fr-
627, VG; 1902 $20, Dallas National Bank, Fr-659.
A well
matched set housed in a PCS album with background informa-
tion. Lot of 3 notes.
Estimated Value ................................................... $250 - 275
Federa l Reserve Bank Not es - Large
942
1918, $5 Federal Reserve Bank Note. PMG Choice Uncir-
culated 64EPQ
.
Fr-785
.
KL-333
. Boldly embossed and fully
original, held back in grade only by slightly skewed centering.
Estimated Value ..............................................$1,200 - 1,500