United States National Bank of San Diego, California
large size $5, date back
The first specimen was lot 18116 in Heritage auction 354 (the Horwedel sale, Long Beach, CA, September 2004), where it sold for $920. The catalog description[1] noted, "San Diego, CA - $5 1902 Date Back Fr. 596 The United States NB Ch. # (P)10391. A bit rough at the top, with some splits, and a bit wallet stained on the back. Still, this is a scarce and very popular bank, especially in large size. Fine. Ex-Philip Krakover collection sale, lot 454."
The second specimen was lot 20292 Heritage auction 3557 (Long Beach, CA, September 2017), where it sold for $1,680. The catalog description[1] noted,
"San Diego, CA - $5 1902 Date Back Fr. 596 The United States NB Ch. # (P)10391. A very popular bank, which has had only two large size offerings since 2010, according to Track & Price. In 1973, this bank, owned by C. Arnholt Smith, a friend and close advisor to President Richard Nixon, collapsed in what was the largest bank failure to that date. Smith, who had owned the bank since purchasing a controlling interest in 1933, was later convicted of income tax evasion and grand larceny. Some repair work is noted on this PMG Very Fine 25 Net example, yet it retains a pleasing appearance with good color and signatures."
large size $5, plain back
This specimen was lot 18117 in Heritage auction 354 (the Horwedel sale, Long Beach, CA, September 2004), where it sold for $1,610. The catalog description[1] noted, "San Diego, CA - $5 1902 Plain Back Fr. 604 The United States NB Ch. # (P)10391. A well circulated but intact Very Good-Fine example bearing a sought after 'Forbidden Title'."
large size $10
This specimen was lot 18118 in Heritage auction 354 (the Horwedel sale, Long Beach, CA, September 2004), where it sold for $1,610. The catalog description[1] noted, "San Diego, CA - $10 1902 Date Back Fr. 622 The United States NB Ch. # (P)10391. A pleasing About Fine Date Back with even wear and green signatures."
small size $10, type I
This specimen was lot 18119 in Heritage auction 354 (the Horwedel sale, Long Beach, CA, September 2004), where it sold for $1,495. The catalog description[1] noted, "San Diego, CA - $10 1929 Ty. 1 The United States NB Ch. # 10391. A nice "Forbidden Title" example that is one of the highest grade notes reported from here. Very Fine. Ex-Currency Auctions of America's January, 1997 sale, lot 3344."
small size $10, type II
This specimen was lot 20695 in Heritage auction 3567 (Long Beach, CA, September 2018), where it sold for $2,160. The catalog description[1] noted,
"San Diego, CA - $10 1929 Ty. 2 The United States NB Ch. # 10391. One of the nicer small size we have encountered from this popular "forbidden title" bank, this is a well margined and crackling fresh PCGS Choice New 63PPQ."
small size $20
This specimen was lot 18120 in Heritage auction 354 (the Horwedel sale, Long Beach, CA, September 2004), where it sold for $920. The catalog description[1] noted, "San Diego, CA - $20 1929 Ty. 1 The United States NB Ch. # 10391. One of only two $20 notes listed in the census from here. Very Good."
Link to:
- return to National Bank Notes of San Diego County, California
- see National Bank Notes of California for a complete list by charter number