San Diego, California. $5 1902 Plain Back. Fr. 603. Merchants NB.

San Diego, California. $5 1902 Plain Back. Fr. 603. Merchants NB. Charter #4886. PCGS Currency Very Fine 20 Apparent. Small Rust Stains at Bottom Right. Part of a population of 23 notes recorded on this institution by the National Bank Note Census. It takes little to figure that this evenly circulated $5 Plain Back issued by the Merchants National Bank of San Diego (Charter# 4886) offers much that can be appreciated. From extant signatures attributable to Cashier Charles H. Anthony and President Ralph Granger who served concurrently in their roles in 1922 to the fact that this institution fell to liquidation at the hands of the San Francisco-based Bank of Italy that same year makes this a rare note and one of the latest of the 23 survivors to be issued. PCGS Currency comments "Small Rust Stains at Bottom Right." Estimate: $2,000 - $3,000.

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