Heritage Auctions Offers Superb Selection of PMG-certified National Bank Notes

More than 500 National Bank Notes that are certified by PMG® are being offered in a sale presented by Heritage Auctions. Online bidding is already underway for Heritage's CSNS U.S. Currency Signature Auction #3601, which concludes on April 28 to May 1, 2026.

One of the top PMG-graded highlights in the auction is a San Juan, Island of Porto Rico 1902 $10 National Bank Note graded PMG 12 Fine (lot 20708), with an estimate of at least $125,000. A gem of any National collection, this example features the bust of President William McKinley and is from the only national bank on the island of Puerto Rico. It is also the only 1902 Blue Seal known from charter number 6484, with the other 13 known notes in the National Bank Note Census all 1902 Red Seals.

Another PMG-graded highlight in the auction is a Denver, Colorado Territory $20 National Bank Note with Serial Number 1 graded PMG 25 Very Fine (lot 20317), with an estimate of at least $125,000. According to the auction house, this rarity was once part of the famed Albert Grinnell collection and was sold in the 1940s. This particular note is one of only three Serial Number 1 Original Series $20s that are known for the entire country. It is also one of only three reported from a territorial bank. For this particular catalog number, the PMG Population Report includes only two examples, with this note being the finer of the pair.

In addition to the impressive selection of National Bank Notes, the auction also includes other stunning PMG-certified rarities, including an 1882 $1,000 Gold Certificate graded PMG 30 Very Fine, with an estimate of at least $475,000. Learn more about them here.

Other PMG-certified National Bank Notes in the auction include:

• a Bozeman, Montana Territory $5 National Bank Note graded PMG 25 Very Fine EPQ (lot 20470), with an estimate of at least $80,000
• a Pittsburgh, Pennsylvania $50 National Bank Note graded PMG 45 Choice Extremely Fine (lot 20704), with an estimate of at least $75,000
• a Salt Lake City, Utah Territory $2 National Bank Note graded PMG 15 Choice Fine NET (lot 20865), with an estimate of at least $75,000
• a San Diego, California 1902 $10 National Bank Note with Serial Number 1 graded PMG 35 Choice Very Fine (lot 20281), with an estimate of at least $50,000
• a First National Gold Bank, San Francisco 1870 $20 graded PMG 35 Choice Very Fine (lot 20289), with an estimate of at least $40,000
• a Pensacola, Florida 1882 $10 National Bank Note with Serial Number 1 graded PMG 35 Choice Very Fine EPQ (lot 20372), with an estimate of at least $40,000
• a Gainesville, Texas 1902 $50 National Bank Note graded PMG 25 Very Fine (lot 20798), with an estimate of at least $35,000
• a San Diego, California 1902 $5 National Bank Note with Serial Number 1 graded PMG 55 About Uncirculated (lot 20283), with an estimate of at least $35,000
• a Fernandina, Florida 1882 $5 National Bank Note with Serial Number 1 graded PMG 45 Choice Extremely Fine (lot 20353), with an estimate of at least $30,000
• an Escondido, California 1902 $5 National Bank Note with Serial Number 1 graded PMG 64 Choice Uncirculated (lot 20257), with an estimate of at least $30,000

Estimates are provided by the auction house.