Comments

  • mbwizkidmbwizkid Posts: 303 ✭✭✭

    You could create a “Want List” at Heritage and they will send an alert when an example comes up for auction. You could do the same with eBay.

    https://currency.ha.com/c/search-results.zx?N=56+790+231&Ntk=SI_Titles-Desc&Nty=1&Ntt=Pomona+Ca&limitTo=all

    AKA Steve in Tampa

  • johnny9434johnny9434 Posts: 18,211 ✭✭✭✭✭

    ive done that with heritage. thats a good idea

  • synchrsynchr Posts: 755 ✭✭✭

    Top and bottom margins look like a sixth grader with dull scissors cut them out of the sheet!

  • gnatgnat Posts: 545 ✭✭✭

    The FNB of Pomona is Not Rare, as hyped in the Ebay listing. Well over 40 large size notes are known from this charter (about 60 small size are in the census).

    The scarcer charter, #4633 The American National Bank of Pomona, will be much tougher to find, but more than a dozen large size survivors are recorded (no small size issued).

    Heritage, Stacks-Bowers or Lyn Knight would be good venues for finding an examples of the FNB at a reasonable price. Also, check Heritage's auction archives to get an idea on availability and potential pricing.

  • Timbuk3Timbuk3 Posts: 8,584 ✭✭✭✭✭

    Good luck !!! :)

    Timbuk3
  • MoldnutMoldnut Posts: 2,960 ✭✭✭

    @synchr said:
    Top and bottom margins look like a sixth grader with dull scissors cut them out of the sheet!

    I saw that too. Is that "normal" for a note of this era or some one doing some monkey business?

    Derek

    EAC 6024
  • sellitstoresellitstore Posts: 938 ✭✭✭✭

    The cut is fairly normal as many banks used scissors and weren't all that careful.

    The Ebay note is a little tight at upper left but the uneven margins aren't too bad. It's well circulated but a better type, a date back, with five reported examples compared to sixteen for the $5 plain backs.

    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip. Ebay listings
  • DoctorPaperDoctorPaper Posts: 580 ✭✭✭

    @Moldnut said:

    @synchr said:
    Top and bottom margins look like a sixth grader with dull scissors cut them out of the sheet!

    I saw that too. Is that "normal" for a note of this era or some one doing some monkey business?

    Not at all.

    Back in the day, banks were shipped their notes by the sheet (4 large sized notes per sheet, 6 small sized ones). How the banks separated the notes was strictly up to the individual bank. Many seemed to have used big cleaver-like cutters and were careful to get the margins pretty square and right sized. However, other banks had people with scissors cutting the notes apart by hand. Some of them did seem to be 6th graders or at least drunken sailors, as the margins wandered all over the place, including into adjacent notes.

    To my mind the worst job was done by those banks that didn't even use sharp-edged tools to cut the notes apart, but just folded the sheets and tore the notes from the sheet. Because of the high quality and toughness of the paper stock, the notes didn't separate cleanly producing frayed edges on the brand new notes. Today, because of this you can find beautiful notes with horrible margins and corners.

    Interestingly, these margin problems tend to occur with scarcer national bank notes, because it was the small 'mom & pop' banks that seemed to lack the proper tools to separate the notes from one another and often resorted to cutting or pulling them apart by hand, one at a time.

    Wisconsin nationals: gotta love 'em....
  • DoctorPaperDoctorPaper Posts: 580 ✭✭✭

    A poorly "scissored" note:

    A "ripped note:"

    Wisconsin nationals: gotta love 'em....
  • MoldnutMoldnut Posts: 2,960 ✭✭✭

    Very good info guys, thanks.
    This one ended today and was $850.

    Derek

    EAC 6024
  • MAM0912MAM0912 Posts: 125 ✭✭

    The eBay $5 was sold last Oct by Heritage for $312. Heritage also has 2 large PBs and 4 small in next month's Long Beach auction.

    https://currency.ha.com/itm/national-bank-notes/pomona-ca-5-1902-date-back-fr-591-the-first-nb-ch-p-3518/a/141742-83567.s?ic4=GalleryView-Thumbnail-071515

    Marty

    US Obsoletes esp NJ, WEB Notes,

    National Iron Bank of Morristown (#1113) and Irish Currency
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