Napa, California. $5 1902 Plain Back. Fr. 598. First NB. Charter #7176. PMG Very Fine 20.
A common charter in small size, but one that is rather scarce in large size. Deep within California's wine country lies Napa. Renowned for its wineries, restaurants, and expansive vineyards, Napa like thousands of towns across the United States was once home to a National Bank which issued notes bearing the issuing bank's title and the town's name. Organized in 1904, the First National Bank would serve the community past 1935 while leaving behind a sizable numismatic legacy in the process. Representative of that legacy this note is just one of 48,904 $5 Plain Backs issued, but one of only 17 large size notes known in the present per data from the National Bank Note Census. Such a staggeringly low survival rate demonstrates just how rigorous the calculus of survival can be for notes like this one.
From the Eric Agnew Collection.
Estimate: $1000.00- $1500.00
Price realized | 650 USD |
Starting price | 600 USD |