South San Francisco, CA - $5 1902 Plain Back Fr. 609 The Citizens NB Ch. # 12364. ...
Unique for the Bank-First Time Ever OfferedSouth San Francisco, CA - $5 1902 Plain Back Fr. 609 The Citizens NB Ch. # 12364
Unique for the bank, which was the sole issuer in this San Mateo County community. This institution was a short lived entity, having lasted in business for less than four years before closing its doors forever in March of 1927. Until this note surfaced, there had not even been a hint that any example from this bank existed, with notes from this institution having eluded the grasp of all of the great California collectors from Richard Sara and Charley Colver to Phil Krakover and Lowell Horwedel. It is offered here to the collecting fraternity for the first time, and most fortunately, it is just as nice as it is rare, displaying bright white paper, a bold blue overprint, and sharp pen signatures. We have struggled to come up with an estimate here, as unique items are by definition impossible to compare, but our best surmise for this PCGS Extremely Fine 45 specimen is that the hammer will fall well into the range of...
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