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<p>[QUOTE="swhuck, post: 1409831, member: 21044"]Getting back to the OP's question, the Kelly National Bank Note reference lists an approximate number of notes known by large vs. small size. On this note, my third edition (this is not the most recent version) lists this bank as having 50+ small-sized notes known, which is their way of saying that small-sized notes from this bank are common. The breakdown is not by denomination, but by size.</p><p><br /></p><p>My understanding is that Kelly or someone else who specializes in National Bank Notes has a census by serial number of many of these. New examples are discovered periodically, so the figures for the number known will be updated every so often.</p><p><br /></p><p>This specific note is a series 1929 Type 1 $20 from the California National Bank of Sacramento. As Kelly suggests, it is relatively common; Heritage Auctions has offered examples of this specific note 20 times that I can find, with sales results ranging from $65 for a F/VF note to a bit over $100 for a Choice Crisp Uncirculated example. Unfortunately, I can't make an educated guess on the condition of your note from the image, although I'm quite confident it wouldn't fall below a VG and could be substantially higher.</p><p><br /></p><p>Keep in mind that National Bank Notes were issued by banks and not cities. Five different National Banks in Sacramento issued National Bank Notes, with three of them issuing the 1929 Type 1 $20s. The issuing bank has a great deal to do with the value, and California National Bank is the most common of that group.[/QUOTE]</p><p><br /></p>
[QUOTE="swhuck, post: 1409831, member: 21044"]Getting back to the OP's question, the Kelly National Bank Note reference lists an approximate number of notes known by large vs. small size. On this note, my third edition (this is not the most recent version) lists this bank as having 50+ small-sized notes known, which is their way of saying that small-sized notes from this bank are common. The breakdown is not by denomination, but by size. My understanding is that Kelly or someone else who specializes in National Bank Notes has a census by serial number of many of these. New examples are discovered periodically, so the figures for the number known will be updated every so often. This specific note is a series 1929 Type 1 $20 from the California National Bank of Sacramento. As Kelly suggests, it is relatively common; Heritage Auctions has offered examples of this specific note 20 times that I can find, with sales results ranging from $65 for a F/VF note to a bit over $100 for a Choice Crisp Uncirculated example. Unfortunately, I can't make an educated guess on the condition of your note from the image, although I'm quite confident it wouldn't fall below a VG and could be substantially higher. Keep in mind that National Bank Notes were issued by banks and not cities. Five different National Banks in Sacramento issued National Bank Notes, with three of them issuing the 1929 Type 1 $20s. The issuing bank has a great deal to do with the value, and California National Bank is the most common of that group.[/QUOTE]
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