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Sale 37
Pre-Long Beach Coin and Currency Auction
| Gold National Bank Notes - Large |
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| Lot |
Photo |
Description |
Realized |
Lot 4844 |
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1870, $5 Gold National Bank Note. . Fr-1136. . KL-223. PCGS Apparent Very Fine 20. Minor Edge Repair. One of only a handful of known examples without the Charter number overprint. This is the most affordable bank seen, and it is one of the lowest serial numbers reported. (The repair is truly minor, with the appearance overall well above average for the Type.)
Why a GOLD National Bank Note in California, when the other states were happy to use normal Nationals? California was a special case in those days. The Gold Rush of 1849-55 gave the citizens of the state a certain edge in "hard money" and they eschewed any sort of paper substitute as an invention of the devil. When the National Banking System was inaugurated by the Lincoln administration in 1863, California refused to go along unless the notes were specially backed by gold coinage (which, at the time, did not circulate on the East Coast). In 1870, the Federal government gave in to the State's special request, with this handsome note being the result. Very few survive today, and most are no better than heavily circulated rags.
Estimated Value $8,000 - 10,000.
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| Unsold |
Lot 4845 |
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1922, $10 Gold Certificate. . Fr-1173. . KL-442. PCGS Choice New 63. Brilliant orange back to simulate the color of gold; Gold Certificates were in use from 1878 until 1933. They are widely collected today.
Estimated Value $1,400 - 1,500.
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| Realized
$1,610 |
Lot 4846 |
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1922, $10 Gold Certificate. . Fr-1173. . KL-442. PCGS Extremely Fine 45PPQ. Perfectly original with 3 light folds.
Estimated Value $400 - 500.
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| Realized
$736 |
Lot 4847 |
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1922, $10 Gold Certificate. Fr-1173. . Fr-1173. . KL-442. PCGS Very Fine 30 PPQ.
Estimated Value $250 - 350.
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| Realized
$357 |
Lot 4848 |
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1882, $20 Gold Certificate. . Fr-1178. . KL-555. PMG Very Fine 20.
Estimated Value $1,600 - 1,800.
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| Unsold |
Lot 4849 |
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1905, $20 Gold Certificate. . Fr-1180. . KL-557. PCGS Very Fine 25. This is the beautiful and much discussed "Technicolor" note, so called from its vivid gold and red front (using the standard orange back of the gold certificate series). The term Technicolor came into use with the Technicolor Corporation formed around the end of the First World War. When this particular 1905 series gold certificate got its nickname is unknown, but the rarity of the Type in all grades, and constant collector pressure since it is a one-series "Type" insures a strong future ahead for it. Definitely a worthwhile pursuit for the collector.
Estimated Value $1,700 - 1,800.
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| Realized
$4,830 |
Lot 4850 |
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1882, $100 Gold Certificate. . Fr-1212. . KL-824. PMG Very Fine 25. A rare note that is seldom seen better.
Estimated Value $2,400 - 2,600.
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| Unsold |
Lot 4851 |
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1900, $10,000 Gold Certificate. . Fr-1225. . KL-1079. PCGS Choice About New 58PPQ. A very pleasing example of this unredeemable type, with fewer water stains than normally seen. The bulk of the known survivors of this issue are cancelled notes that were stored in a Treasury warehouse. During a fire in the 1930's, bundles were tossed out of the burning building onto a nearby sidewalk, where passers-by picked them up.
Estimated Value $3,000 - 4,000.
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| Realized
$2,990 |
Lot 4852 |
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1900, $10,000 Gold Certificate. . Fr-1225. . KL-1079. PCGS Very Fine 20. This desirable specimen is not hold-punch cancelled like the majority of these are. Nice for the grade and issue.
Estimated Value $1,000 - 1,250.
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| Realized
$3,565 |
Lot 4853 |
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Nice Starter collection of Large Size Notes. Consists of ten various Large Size Notes, containing Legal Tender ((4), Silver Certificate (4), a Federal Reserve and a Gold Coin Note. As follows: Fr. 37, Fr. 39, Fr. 60, Fr. 90, Fr. 235 (2), Fr. 237, Fr. 256, Fr. 943, Fr. 1187. Notes range in grade from Fine to Extremely Fine A nice lot that should be inspected prior to bidding. Lot of 10 notes.
Estimated Value $1,000 - 1,100.
View details and enlarged photos
| Realized
$1,898 |
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