Fr. 1157 $20 1875 GBN Scofield-Gilfillan (1st) Unique Absolutely The Best

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National Bank Notes > California

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Petaluma, First National Gold Bank, 2193
Fr. 1157 $20 1875 GBN
Grade: XF/AU    

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This is the first $20 California Gold Bank Note in existence today, based on all currently reported notes listed in the available census, and one of only 200 notes printed. There are a total of only 69 $20 Gold Bank Notes known from all issuing banks, including institutions, in all conditions. In fact, of the 69 notes reported, only five are listed as being better than Fine. This note was graded as VF by B. Max Mehl in 1953, but boy, was he wrong. This note has perfectly original paper quality and is only a centerfold and a couple of pinholes from perfection. In 1985, I sold this note and the $10 after they were acquired by me from the Amon Carter, Jr. estate. These notes were previously a part of the Harley Freeman Collection which Amon Carter bought intact in 1953 from B. Max Mehl. Now we are fortunate enough to offer this classic rarity once again for a collector who demands the finest. The condition is enough to make this note outstanding, but it is also UNIQUE for the bank and denomination on Gold Bank Note paper. The only other $20 known on this bank is a "white paper" in Good condition. Not even on the same planet as this amazing jewel. I cannot impress upon you how truly amazing this note is. I loved it in the Carter Collection, but in those days the rarities were coming so fast that you didn't have time to enjoy them. This note is very well centered and has deep, original embossing that adds to its desirability.

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