First National Bank of San Pedro, California
large size $10, date back
This specimen was lot 18239 in Heritage auction 354 (the Horwedel sale, Long Beach, CA, September 2004), where it sold for $1,265. The catalog description[1] noted, "San Pedro, CA - $10 1902 Date Back Fr. 616 The First NB Ch. # 7057, A well circulated but intact Date Back from this Los Angeles County seaside community. While not an exceptionally rare bank due to the fortuitous existence of a cut sheet of Plain Backs, along with a trio of high grade single notes, this is one of only two Date Backs reported from here to date. Pen signed Very Good+."
large size $10, plain back
This specimen was lot 20234 in Stack's Bowers Spring 2024 Auction - Session 6 - U.S. Currency (Costa Mesa, CA, March 2024), where it sold for $1,320. The catalog description[1] noted, "San Pedro, California. $10 1902 Plain Back. Fr. 632. The First NB. Charter #7057. PMG Choice About Uncirculated 58. An utterly original example from this large-only charter located south of Los Angeles, the National Bank Note Census records a total of 15 notes recorded on this institution." This note was previously lot 18450 in Heritage auction 354 (the Horwedel sale, Long Beach, CA, September 2004), where it sold for $3,680.
large size $20, date back
This specimen was lot 14805 in Heritage auction 456 (Orlando, FL, January 2008), where it sold for $2,185. The catalog description[1] noted, "San Pedro, CA - $20 1902 Date Back Fr. 642 The First NB Ch. # (P)7057. A better Los Angeles County bank which issued large notes only. Nine pieces make up the entire census from here, with this the sole $20 Date Back. Pen signed Fine-Very Fine. From The Kansas City Collection."
large size $20, plain back
This specimen was lot 20235 in Stack's Bowers Spring 2024 Auction - Session 6 - U.S. Currency (Costa Mesa, CA, March 2024), where it sold for $4,560. The catalog description[1] noted, "San Pedro, California. $20 1902 Plain Back. Fr. 650. The First NB. Charter #7057. PMG Choice Uncirculated 63 EPQ. Hailing from a scarce charter in southern Los Angeles county, this example is just 1 of 15 notes recorded at the present by the National Bank Note Census, and is currently tied for the finest example available on this institution. The penned signatures of Cashier Charles Nicolai and President Walter A. Bonynge Sr. remain plainly legible against bright paper. Noted for "Exceptional Paper Quality" by PMG. Ex. Huntoon." This note was previously lot 1211 in Goldberg sale 63 (Los Angeles, May 2010), where it sold for $7,475.
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