First National Bank of Glendale, California
large size $10, date back
This specimen was lot 20311 in Heritage auction 3574 (Long Beach, CA, September 2019), where it sold for $6,600. The catalog description[1] noted,
"Glendale, CA - $10 1902 Date Back Fr. 617 The First NB Ch. # (P)7987 PMG Choice Extremely Fine 45. Large notes only from this rare Los Angeles County bank, with this example unquestionably the finest of the five pieces known. It is the only Date Back recorded in the census, and the first note from here to enter the marketplace in almost a decade. Expect bidding to easily reach and perhaps well exceed...."
large size $10, plain back
This specimen was lot 17737 in Heritage auction 354 (the Horwedel sale, Long Beach, CA, September 2004), where it sold for $5,175. The catalog description[1] noted, "Glendale, CA - $10 1902 Plain Back Fr. 625 The First NB Ch. # (P)7987, Large notes only from this bank, which liquidated in 1922. Of the handful of known examples, only two have ever been offered at public sale, a number 1 Red Seal in the 1990 Krakover sale, and this note, which was obtained by Lowell at the Colver auction in 1999. Lowell paid $5775 for this piece, which, considering its rarity and desirability, will likely appear to be a bargain once the hammer falls tonight. Pretty Very Fine, with two color pen signatures of R.F. Kitterman and C.C. Cooper."
Link to:
- return to National Bank Notes of Los Angeles County, California
- see National Bank Notes of California for a complete list by charter number