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Description

Unique Los Angeles Bank

Los Angeles, CA - $5 1902 Red Seal Fr. 588 The National Bank of Commerce Ch. # (P)8117 PMG Fine 12.
When we first auctioned this unique Los Angeles rarity, which was part of The Lowell Horwedel Collection, in 2004, we said, "This institution is represented by just one note, which has never before been offered at public sale to the collecting fraternity. Only Red Seals and Date Backs were issued from here, with this institution missing from every collection ever formed until this example was discovered just a few years ago by Don C. Kelly, who sold it privately to Lowell." The note is still the sole reported example from this charter and presents a great opportunity for today's generation of California collectors. It is a well circulated, but intact $5 with decent color for the grade.


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Auction Info

Auction Dates
October, 2025
7th-10th Tuesday-Friday
Bids + Registered Phone Bidders: 3
Lot Tracking Activity: N/A
Page Views: 96

Buyer's Premium per Lot:
20% of the successful bid per lot.

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Sold on Oct 8, 2025 for: $3,600.00
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