Farmers and Merchants National Bank of Santa Ana, California
This note was lot 2674 in Goldberg sale 62 (Beverly Hills, February 2010), where it sold for $6,037.50. The catalog description[1] noted, "1902, $20 National Bank Note. The Farmers & Merchants NB, Santa Ana, CA. PCGS Very Fine 20PPQ. 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." This note was offered again as lot 20623 in Stack's Bowers Spring 2023 Auction - Session 7 - U.S. Currency (Costa Mesa, CA, March 2023), where it sold for $2,280.
Catalog reference: Fr-643, KL-1294.
- [1]Goldberg, Ira, and Larry Goldberg, Goldberg Sale 62: the Pre-Long Beach Sale, Beverly Hills: Goldberg Coins and Collectibles, 2011.
Link to:
Link to:
- return to National Bank Notes of Orange County, California
- see National Bank Notes of California for a complete list by charter number