First National Bank of Van Nuys, California
This specimen was lot 2434 in Stack's Bowers ANA sale (Chicago, August 2014), where it sold for $28,200. The catalog description[1] noted, "Unique for Town Van Nuys, California, Van Nuys, California. $5 1902 DB. Fr. 594. The First NB. Charter #10168. PMG Fine 15. An outstanding California national banknote; this '02 $5 Date Back is the lone surviving example from the FNB of Van Nuys. The First National was Van Nuys' only note issuing bank, receiving its charter in March, 1912 and issuing notes for just over nine years before being liquidated in November, 1921. The note displays even circulation and is rather bright and appealing for the grade. The stamped officer's signatures are a bit faded but still very legible. This note was last offered to the public in a May, 2001 auction where it realized $14,300 in a market not nearly as developed as it is today. Being that no other examples from this bank have surfaced in that time we expect to see that price easily eclipsed when the hammer falls this evening."
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