Lot #1082 - San Francisco, First National Gold Bank, 1741

Fr. 1162 $100 1870 GBN Allison-Spinner Finest Gold Paper Hundred Best Hundred Available In Over 30 Years


National Bank Notes > California



San Francisco, First National Gold Bank, 1741
Fr. 1162 $100 1870 GBN
Grade: Fine    
This note comes once again from the collection of Harley Freeman (1925-1953), Amon Carter (1953-1982) and then a private collector who is now selling. This is one of only nine notes for the entire type, but one of those is in the ANA Museum, courtesy of Aubrey Bebee. The ANA note and two others, all the highest grades, are on white paper and is quite possibly why their quality is a bit better. This note appears to be the best of the gold paper Gold Bank Notes, a fact that most collectors appreciate. I have not seen a white paper note in years, and the last time I checked the XF was quoted at $1,500,000 privately. This note is really quite nice with great gold face color and excellent signatures of D. Morgan and R.C. Woolworth. The lowest grade known, from Petaluma, sold for $97,750 in 2005. These notes are extremely rare and quality such as this has not been available at public auction since Harley Freeman acquired this note in the Grinnell sale in 1945. Each of these $100 Gold Bank Notes are extremely rare and are from five different banks, on two different papers. If you are lucky and persistent enough to acquire this note tonight you should be ecstatic as no note of this type and quality has been publicly available since 1973, and that's a long time!
Current Bid: $ 225,000.00

Estimate: ($ 350,000.00 - $ 500,000.00)

Home | Terms & Conditions | Search | Contact Us

Email: support@LynKnight.com
Phone: 913.338.3779
Fax: 913.338.4754