Los Angeles, California. $100 1902 Plain Back. Friedberg 707 (W-3593). The Pacific NB. Charter #12454. PCGS Currency Very Choice New 64 PPQ.The portrait of John J. Knox appears at the left end of this exemplary $100 Plain Back from the Pacific National Bank of Los Angeles. Knox served as comptroller of the currency from 1872-1884 and was the architect of the Coinage Act of 1873 which discontinued the silver dollar, altered the weights of dimes, quarters and half dollars and created the trade dollar.pBold blue overprints are found across the face, including the scalloped Treasury Seal to the lower right and single-digit serial number 7 printed at lower left and upper right. Bold hand-signed signatures of bank officers DeLong and Smith are along the bottom edge of the design. The back is printed in vibrant green and displays an eagle perched upon a patriotic shield at center flanked by flags and allegorical figures. ppHigh grade Series of 1902 $100s are difficult to find in any form. PCGS Currency has graded just four $100 Plain Backs as Uncirculated with the present note being the finest example they have certified for the catalog number. This is a wonderful representative of the type and should have broad appeal to both type note and national collectors.From Hickman Auctions sale of March 1990, lot 241; Lyn Knights sale of June 1997, lot 245.
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