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National Bank Notes > California

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Los Angeles, Pacific NB, 12454
Fr. 635 $10 1902ND
Grade: XF    

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This attractive example comes from one of the more available Los Angeles banks to issue large notes. That is fortunate, since small notes from this institution are nearly impossible to locate, a result of the bank closing in early 1930. This particular note is special in that it seems to have been the personal keepsake of the bank s President. (His name, E. M. Smith, is penned on the back.) The note was clearly one of the first delivered, bearing a nice low serial number, and was saved prior to circulation, showing storage folds only. Most notes from here are either uncirculated $50s or $100s or low grade, making this three fold XF a pleasing, yet affordable Choice. From the Rocky Mountain Collection.

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