San Fernando National Bank, California
This specimen was lot 18126 in Heritage auction 354 (the Horwedel sale, Long Beach, CA, September 2004), where it sold for $6,612.50. The catalog description[1] noted, "San Fernando, CA - $5 1902 Date Back Fr-594 The San Fernando NB Ch. # (P)10273. San Fernando's other issuing bank is even more difficult to obtain than its compatriot above. This obscure institution issued a mere handful of notes during its eleven year life, with only two specimens reported to exist today. This piece has never previously appeared at public sale, while the other note, the Colver specimen, has appeared only two times during the past six decades, once in 1978 when Charley acquired it, and once in 1999, when it was offered as part of the Colver holdings. The Horwedel example offered here is by far the superior of the pair, and, now that the Colver piece is off the market, offers the only opportunity for collectors to obtain any note from this excessively rare issuer. Pen signed Very Fine+++, a trophy item worth whatever it costs to bring it home 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