Scotia, California. $10 1902 Plain Back. Fr. 627. First NB. Charter

Scotia, California. $10 1902 Plain Back. Fr. 627. First NB. Charter #9787. PMG Very Fine 20. Nestled in Humboldt County roughly 265 miles from San Francisco sits the town of Scotia. Once a center of the lumber industry in Northern California, Scotia was your quintessential "company town" whose fortunes were largely tied to the Pacific Lumber Company which went bankrupt in 2008. Today the town still thrives to a degree as a stop along U.S. Route 101, but one building speaks to another institution that was a pillar of the local ecosystem. Described as "a sort of timberman's temple," this building was once home to the First National Bank (Charter# 9787) which stands as a decidedly tough prospect for National Bank Notes as 28 pieces are recorded including only five survivors issued under the Series of 1902. No doubt this note offers an opportunity for the collector looking to build an impressive set of Nationals on the likes of California. PMG comments "Ink Rub." Estimate: $1,000 - $1,500. Click here for certification details from PMG.

Stima:534,90€

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