Auction Features Two PMG-certified National Gold Bank Notes

Two seldom-seen National Gold Bank Notes are among over 300 rarities graded by Paper Money Guaranty® (PMG®) that are being offered in a World Banknote Auctions sale. Bidding is already underway for the Navy Commander Collection Part 2, which is being held August 24, 2023.

The top note in the sale is a First National Gold Bank, Stockton 1873 $10 graded PMG 10 Very Good (lot 7129), which has an estimate of $6,000 to $10,000. The PMG Population Report lists only seven examples of this catalog number and only 56 total for all $10 National Gold Bank Notes, which were issued by several California banks in the 1870s.

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The auction consists primarily of National Bank Notes, almost half of which are from California. Other PMG-certified highlights in the sale include:

• a First National Gold Bank, San Francisco 1870 $5 graded PMG 15 Choice Fine (lot 7081), with an estimate of $3,000 to $5,000
• a Salida, California First National Bank 1902 Plain Back $10 graded PMG 15 Choice Fine (lot 7079), with an estimate of $2,500 to $3,500
• a Crows Landing, California First National Bank 1929 $5 graded PMG 25 Very Fine (lot 7014), with an estimate of $2,000 to $3,000
• a Crows Landing, California First National Bank 1929 $10 graded PMG 20 Very Fine (lot 7015), with an estimate of $2,000 to $3,000
• a Fort Bragg, California Coast National Bank 1902 Plain Back $20 graded PMG 20 Very Fine (lot 7020), with an estimate of $2,000 to $3,000
• a Porterville, California First National Bank 1902 Plain Back $10 graded PMG 20 Very Fine (lot 7073), with an estimate of $2,000 to $2,500

Estimates are provided by the auction house.