Fr. 1152 $20 1870 GBN Allison-Spinner Among Finest Known

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National Bank Notes > California

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San Francisco, First National Gold Bank, 1741
Fr. 1152 $20 1870 GBN
Grade: VF/XF    

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This is the First National Gold Bank of San Francisco Original Series with charter numbers. The total printing was only 11,248 notes. When B. Max Mehl catalogued this note for Harley Freeman he said, "I am tempted to classify this note as Extremely Fine as I know just how rare Gold Bank Notes in Choice condition are." It is VF, and of course an extreme rarity. Far more rare than the $10 note. It appears that the finest known example on this bank is now in the ANA Museum. The Highland Park, Gil Steinberg specimen was similar to this, but this beauty has slightly better back centering. The face centering is wonderful and the back is very nice as well. The signatures of D. Morgan and R.C. Woolworth are spectacular and the paper quality is amazing for this issue. Better notes have not been seen for decades. A tremendous addition to even the finest collections.

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