Pacific National Bank of Los Angeles, California
large size $5
This specimen was lot 17871 in Heritage auction 354 (the Horwedel sale, Long Beach, CA, September 2004), where it sold for $316.25. The catalog description[1] noted, "Los Angeles, CA - (2) $5 1902 Plain Back Fr. 609 The Pacific NB Ch. # 12454. A pair of large size $5s, each Very Good and both basically problem-free for the grade. (Total: 2 notes)."
large size $10
This specimen was lot 17872 in Heritage auction 354 (the Horwedel sale, Long Beach, CA, September 2004), where it sold for $488.75. The catalog description[1] noted, "Los Angeles, CA - $10 1902 Plain Back Fr. 635 The Pacific NB Ch. # 12454, A nice low serial number example which was formerly lot 1873 of the Colver sale, where it realized $385. Lowell obtained it a year later, in our May, 2000 sale, where it brought just a bit more, selling for $412.50. Pen signed Extremely Fine. From our May, 2000 sale, lot 1730."
large size $50
This specimen was lot 20189 in Stack's Bowers ANA sale (Chicago, August 2024), where it sold for $6,600. The catalog description[1] noted, "Los Angeles, California. $50 1902 Plain Back. Fr. 685. Pacific NB. Charter #12454. PMG Choice Uncirculated 63 EPQ. Serial Number 7. A treat in both an aesthetic and technical sense; this $50 Plain Back issued by the Pacific National Bank is more than a just a grade on a label. Where some may fixate on a grade likely brought upon by a non-existent bottom margin, the eye appeal and technical qualities of this note are truly exemplary reflective of the uncommon quality of a small run of low serial numbered $50 Plain Backs known on the issuing bank. From the bold shade of denim-blue endemic to the Treasury overprint to crisp margins that are often lost upon comparably graded notes; this note bears every quality a collector could conceivably want and then some. Noted for "Exceptional Paper Quality; Great Embossing & Color" by PMG." This note was previously lot 7810 in Stack's Bowers ANA sale (Philadelphia, August 2012), where it sold for $5,581.25.
large size $100
This specimen was lot 17874 in Heritage auction 354 (the Horwedel sale, Long Beach, CA, September 2004), where it sold for $1,495. The catalog description[1] noted, "Los Angeles, CA - $100 1902 Plain Back Fr. 707 The Pacific NB Ch. # 12454. One of the very few known hundreds from here that is not an uncirculated low number example. Fine+++, the top cut just a bit close."
small size $5
This specimen was lot 20190 in Stack's Bowers ANA sale (Chicago, August 2024), where it sold for $990. The catalog description[1] noted, "Los Angeles, California. $5 1929 Ty. 1. Fr. 1800-1. Pacific NB. Charter #12454. PMG Choice Very Fine 35 EPQ. Serial Number 2. Folding in 1930 after almost seven years in business, notes from this institution are almost exclusively large size according to the National Bank Note Census which lists only 2 small size Nationals against a total population for the entire charter at 74 notes. Even though this example is unrecorded it won't do much to change the reality that small size Nationals from this institution are downright rare and that this low serial numbered example possibly saved by a bank employee will attract strong attention once it crosses the auction block."
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