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    Description

    Serial Number 1 Pomona $5 Brown Back

    Pomona, CA - $5 1882 Brown Back Fr. 469 The First NB Ch. # 3518 PMG Extremely Fine 40 Net.
    Another outstanding note from the extensive California collection we are offering this evening, this piece is a lovely serial number 1 Brown Back from this popular southern California bank. It is also one of just eight number 1 $5 Brown Backs recorded for the entire Golden State, according to the National Currency Foundation census. It is a most attractive note with wide margins all around, vivid color, and bold pen signatures. It also features an appealing bank title layout, a feature found on the earlier $5 Brown Backs produced by the Bureau of Engraving and Printing in the 1880's. It does have a few tiny rust specks on the back which have caused PMG to harshly assign a net grade to this pretty note but they are small and inconsequential. It is also one of just three examples of this type and denomination recorded from this Los Angeles County bank and was last on the market in a 2013 auction. At that time, it was a newly reported note and realized a strong $35,250 on an estimate of $15,000-$25,000. Considering the appetite of today's market for true trophy notes of this caliber, this note certainly has the potential to reach or exceed that number again. However, we will estimate this piece somewhat conservatively and let the bidders decide who will bring home this great note tonight.
    From the Norris Turner Collection


    View all of [The Norris Turner Collection ]

    Auction Info

    Auction Dates
    September, 2019
    4th-9th Wednesday-Monday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
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