Auction Features Two PMG-certified National Gold Bank Notes
Posted on 8/21/2023
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.
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.
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