National Bank of Hermosa Beach, California

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Heritage auction 354, lot 17767
H354-17767r.jpg

This specimen was lot 17767 in Heritage auction 354 (the Horwedel sale, Long Beach, CA, September 2004), where it sold for $1,610. The catalog description[1] noted, "Hermosa Beach, CA - $5 1902 Plain Back Fr. 609 The NB of Hermosa Beach Ch. # 12271, This was one of Lowell's earliest purchases, obtained in the late 1960's for all of $75. (No doubt at the time there were whispers that he paid too much.) While not quite as nice as the example which realized $2300 in our California Estate sale last year, this problem free About Fine specimen will likely reach or exceed...."

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