Local newspapers rarely cover numismatic items, but here's a nice little article from Orange County, CA about a recent sale of National Bank notes from the area. They were sold by Dwight Manley, who had purchased them form the estate of the owner of a coin shop where he'd once worked (before becoming a wealthy sports agent and donating funds for the American Numismatic Association Library, now named in his honor). Images of several notes are available on the newspaper site.
In 1882, having a $10 bill was like having $215 or so now.
But having an 1882 $10 bank note – or at least one issued by the First National Bank of Fullerton – is like having $10,063 today. That is what the note sold for.
The Fullerton bank note was among a collection of old Orange County ones offered up at auction this week in Beverly Hills. One of the most-expensive items was a La Habra note that sold for $15,525.
Most of the notes are from north Orange County, issued by banks in Garden Grove, Anaheim, Fullerton and Santa Ana.
The notes were in the private collection of William Pannier, a Fullerton rare-coin dealer and collector. Pannier owned Fullerton Coin & Stamps from 1976 until his death last August.
Pannier, raised in Anaheim, had been collecting paper money since the 1960s with a particular interest in old local currencies. His Orange County collection was sold as part of his shop to sports agent Dwight Manley, who worked in the shop as a teenager.
Manley said he put the bank notes up for auction because he personally only collects Brea notes.
To read the complete article, see:
Old O.C. notes fetch a pretty penny
Wayne Homren, Editor
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