The National Bank of Orange, California
large size $10
The first note was lot 20279 in Heritage sale 3557 (Long Beach, September 2017), where it sold for $1,800. The catalog description noted, "Orange, CA - $10 1902 Date Back Fr-619 The NB of Orange Ch. # (P)9878. This is much the scarcer of Orange's two issuing banks, with this institution emitting large notes only until its demise in 1927. A bright mid grade Date Back that bears low serial number 8, this attractive note made its last public appearance in our auction of the Charley Colver collection in May of 1999. Pen signed PMG Choice Very Fine 35, with mention of a couple of rust specks in the top margin, which affect nothing."
The second note was lot 2665 in Goldberg sale 62 (Beverly Hills, February 2010), where it sold for $5,520. The catalog description[1] noted, "1902, $10 National Bank Note. The NB of Orange, CA. PCGS Very Choice New 64. This is much the scarcer of Orange's two issuing banks, with this institution emitting large notes only until its demise in 1927. Although a fair number of notes are known, offerings have been few and far between. This is a remarkable high grade example, with outstanding pen signatures and bearing serial number 9." It was offered again as lot 20231 in Stack's Bowers Spring 2024 Auction - Session 6 - U.S. Currency (Costa Mesa, CA, March 2024), where it sold for $3,600.
The third note was lot 2666 in Goldberg sale 62 (Beverly Hills, February 2010), where it sold for $2,012.50. The catalog description[1] noted, "1902, $10 National Bank Note. The NB of Orange, CA. PCGS Very Fine 20. A remarkable second example from this scarcer of the two banks in Orange, this one ex: Philip Krakover and Lowell Horwedel."
The fourth specimen was lot 1579 in Goldberg sale 84 (Los Angeles, January 2015), where it sold for $9,047.50. The catalog description[2] noted, "1902, $10 National Bank Note. Date Back. The NB of Orange, CA. Ch. #9878. PCGS Extremely Fine 40PPQ. Fr-619. KL-1222. This serial number 1 example is the first to appear from this bank and is new to the census. It is a gorgeous note, with great pen signatures and bright, fully original paper. A serial number 8 example sold 15 years ago in a CAA sale, and we sold a serial number 9 note in January, 2011. The latter brought $5,520, and although the grade was a bit higher than on this note, this serial number 1 note has much more desirability and appeal. A realization of twice that figure would not be at all unreasonable in today's market."
Catalog reference: date back: Fr-619, KL-1222; plain back: Fr-627, KL-1231.
large size $20
The first note was lot 20281 in Heritage sale 3557 (Long Beach, September 2017), where it sold for $1,440. The catalog description noted, "Orange, CA - $20 1902 Plain Back Fr-653 The NB of Orange Ch. # 9878. Another appealing large size note from this Orange County issuer and a piece that made its last public appearance in our 2006 Long Beach auction. Bright PMG Very Fine 30, with dark printed signatures."
- [1]Goldberg, Ira, and Larry Goldberg, Goldberg Sale 62: the Pre-Long Beach Sale, Beverly Hills: Goldberg Coins and Collectibles, 2011.
- [2]Goldberg, Ira, Larry Goldberg, John Lavender, Yifu Che, Jason Villareal and Stephen Harvey, Goldberg Sale 84: the Pre-Long Beach Auction, Los Angeles: Goldberg Coins and Collectibles, 2014.
Link to:
- Coins and currency dated 1902
- return to National Bank Notes of Orange County, California
- see National Bank Notes of California for a complete list by charter number
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