$5 1870 National Gold Bank Note San Francisco, CA Ch# 1741 PCGS Very Fine 25

A very high grade $5 San Francisco National Gold Bank Note which easily falls into the top 10% of those graded to date by PCGS.

There are no Uncs or Choice AUs known; in fact, the highest grade by any service is a 50. This has a much better look than others that share this grade, despite a couple 'minor repairs' noted on the back of the holder. All the important gold coin vignette is clear and sharp and the colors are excellent for the grade. 

The National Gold Bank and Trust Company of San Francisco was one of the short lived gold banks in the Bay area. It was chartered in June of 1872 and was liquidated by September of 1879.

A total of only 26 pieces are listed in the most recent census, evenly divided between $5 and $10 examples.

This note looks better than its assigned grade and as these rarely come this nice, we're ecstatic to have recently acquired it. Congratulations to the collector that secures such a beautiful example of a National Gold Bank Note.