First National Bank of Hemet, California
large size $5
This specimen was lot 17762 in Heritage auction 354 (the Horwedel sale, Long Beach, CA, September 2004), where it sold for $6,325. The catalog description[1] noted, "Hemet, CA - $5 1902 Plain Back Fr. 606 The First NB Ch. # 10764, A very rare large note from Hemet's only issuing bank. Only two large notes are listed in the census, and, with only $440 outstanding from here in large size, that may well be the extent of the survivors from here. Even Charley Colver, whose Riverside County holdings may never be duplicated, never managed to obtain any large example from here. Evenly circulated Fine." This specimen was subsequently lot 20314 in Heritage auction 3574 (Long Beach, CA, September 2019), where it sold for $5,520.
small size $5, type I
This specimen was lot 17763 in Heritage auction 354 (the Horwedel sale, Long Beach, CA, September 2004), where it sold for $1,380. The catalog description[1] noted, "Hemet, CA - $5 1929 Ty. 1 The First NB Ch. # 10764, A well circulated but intact example of the only denomination issued here. Very Good."
small size 5, type II
This specimen was lot 17764 in Heritage auction 354 (the Horwedel sale, Long Beach, CA, September 2004), where it sold for $1,265. The catalog description[1] noted, "Hemet, CA - $5 1929 Ty. 2 The First NB Ch. # 10764, A high grade Type 2 example, one of just four reported from here. Very Fine."
Link to:
- return to National Bank Notes of Riverside County, California
- see National Bank Notes of California for a complete list by charter number