Newport Ridge Collection - High Fives
1882 Value Back $5 National Bank Note Fr. 573-575b

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Note Details

Set Details
Note Description: $5 1882 Value Back National Bank Notes
Grade: VF 30 NET
Country: US
Note Number: 574
Seal Type: Blue w/ Value Back
Signatures/
Vignettes:		 Lyons
Roberts
Certification #: 8012437-003  
Owner: GSA_Gem_Quest
Sets Competing: Newport Ridge Collection - High Fives  Score: 587
Date Added: 11/23/2013
Research: See PMG's Census Report for this Note

Owner's Description

This 1882 Value Back, so named because of the note value spelled out on the back of the note, appears to be appropriately graded. The minor splits do not detract from the appearance of the note. No bottom margin on the back of the note, and it is not uncommon for the type to have at least one tight or non existent margin.

The note still has some nice color, and the hand written signatures are clear and bold. W. Hammond was the cashier at the time, and Stoddard Jess signed as President. The First National Bank was organized in 1875 and located at the corner of Second and Spring Street in downtown Los Angeles. The bank survived the Panic of 1893.

Acquired Heritage 9/13. This note was graded 30 Net by PCGS and crossed over to PMG at the same grade.

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