Arcata, California. $5 1902. Fr. 603. The First NB. Charter #10372. Very Fine.An important California offering and the First National Bank of Arcata was the only institution to issue National Banknotes in this Humboldt County town. Track and Price shows just four examples in their census information with this serial number not being among them. Terrific Very Fine Quality is seen and strong signatures are welcomed. Just a pair of small internal tears and some minor stains are mentioned for accuracy. Of those known this is the sole Plain Back now available with the others all being 1902 Date Back varieties. The last to sell on this charter was a $10 1902 Date Back which fetched $7,475 in an Extremely Fine grade in a January 2008 sale.
