1902 Calexico Bank

Discussion in 'What's it Worth' started by SemperFiSilver, Jun 10, 2010.

  1. SemperFiSilver

    SemperFiSilver **1 Note Collector

    Any input on value and grade? Thanks! Semper Fi!
     

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  3. Billyray

    Billyray Junior Member

    I don't know the value, but I straightened out the pic.

    [​IMG]
     
  4. cwtokenman

    cwtokenman Coin Hoarder

    I have never attempted to grade notes, so I won't try here. There are only 11 large sized notes listed in the census for this bank. The bank was organized on Jan. 27, 1910 and went into receivership on Jul. 24, 1928. This bank issued a total of $681,130 in $5, $10 & $20 notes. This 1902 note was issued both in Date Back and Plain Back varieties. For the $5 notes, there were 1250 sheets (4 notes/sheet) of the Date Back printed, and 12089 sheets (4 notes/sheet) of the Plain Back printed. Both varieties of the $5 note are valued at $1000 in Fine Condition in my 2006 reference. Fine condition was described by the author as showing obvious signs of circulation. It may have numerous folds, but seldom retains much of its original body. It is not damaged or discolored.

    Nine full grades are listed: Poor, Fair, Good, Very Good, Fine, Very Fine, Extremely Fine, About Uncirculated and Uncirculated. The value would change by approximately 25% for each change of a full grade.
     
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