Fr. 1153 $20 1875 GBN Bruce-Gilfillan Third Finest Known White Paper Twenty

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National Bank Notes > California

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San Francisco, First National Gold Bank, 1741
Fr. 1153 $20 1875 GBN
Grade: VG/Fine    

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This is the extremely rare 1875 Series Gold Bank Note of which only 3,600 notes were issued. Only seven notes, one of which is laminated, have survived. A better example realized $74,740 in the O'Neal Collection sale by Heritage in 2005. The Gold Bank Note design is printed on First Charter paper. We know this is a white paper note because of the asterisk near the plate position showing the re-engraved plate. This note was acquired by Don Kelly for $450 way back when. The note appears to be intact and basically problem-free; a statement rarely made about Gold Bank Notes. It also appears to be at least close to the finest among those known. A true rarity that is seldom seen.

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