Fr. 1142 $10 1870 GBN Allison-Spinner (1st) Tied For Highest Grade Listed

---

National Bank Notes > California

---

---

San Francisco, First National Gold Bank, 1741
Fr. 1142 $10 1870 GBN
Grade: VF    

---

This is the $10 example, similar to the Fr. 1136, the $5, which is most often seen on Gold Bank Notes. The total issue of $10s was 18,004 notes, of which 29 serial numbers have been recorded. There are five in government collections or museums, and four are graded AG or worse. Five are graded VF like this note, but there can be considerable differences with the grade. I would say this falls in the middle of the pack, but that is really just an educated guess on my part. I do believe I recall two really nice ones. This note has a pedigree back to my early days when Steve Ivy and I handled the J.T. Wright Collection in 1975, where we offered this note at $850. Today notes like this should be in the $35,000 to $60,000 range.

---