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首席收藏网 > 数据中心 > Stack's Bowers and Ponterio > SBP2018年10月巴尔地摩#5-美国债券The Caine Collection

Lot:4104 1870国家银行50及100美元 PCGS Currency 65

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USD 100000- 150000

SBP2018年10月巴尔地摩#5-美国债券The Caine Collection

2018-10-26 06:30:00

2018-10-26 10:30:00

USD 66000

SBP

成交

1870国家银行50及100美元 PCGS Currency 65

Uncut Sheet of (2) Types of Friedberg 1160-1166 (W-2834, 3526) . 1870 $50 & $100 National Gold Banknotes. Kidder National Gold Bank, Charter #1699. PCGS Currency Gem New 65 PPQ. Face Specimens.Hessler-NGBE1 & NGBE2. The Hessler Plate Notes. India paper mounted to wide margin album page. Both plate A. Engraved signatures of Allison - Spinner. Script date Aug. 15th 1870. Imprints of the American Bank Note Company. Stamped Specimen four times on each note with careful placement to not disrupt major design details. Full gold tinted face with GOLD outlined at center and breaks for the left and right vignettes of each denomination. $50: Washington Crossing the Delaware at left and Prayer for Victory at the right. Top center, serpentine UNITED STATES with "This Note is Secured by Bonds of, the and Deposited with the U.S. Treasurer at Washington," above and below respectively. REDEEMABLE IN GOLD COIN across top border. $100: Battle of Lake Erie at left and Liberty seated with fasces inscribed THE UNION. Same inscription wording as the $50 with UNITED STATES at top center. REDEEMABLE IN GOLD COIN breaks the upper border where NATIONAL CURRENCY resides on the similarly designed faces of the Original, 1875, and 1882 types. Extraordinary color and clarity of all design elements for both impressions with appeal that would be hard to match with any known federal currency in existence.<p>National Gold Bank Notes of the $50 and $100 denominations are incredibly rare in any form with the <em>Whitman Encyclopedia of U.S. Paper Money </em>listing just six known piece for the Original Series. Five of that total are from the San Francisco First National Gold Bank, and just a single other is known among the remaining charters to have issued them, a San Jose note on the Farmers National Gold Bank. The Series of 1875 National Gold Bank Notes are non-collectible as just a single piece is known on the First National Gold Bank of San Francisco and that piece is enshrined within the ANA collection as part of the Bebee holdings. The $100 is represented by just seven known examples of the Original Series notes with three pieces from the First National Gold Bank of San Francisco and four others from a combined three different charters. Two pieces are known from the later 1875 series National Gold Bank Notes with one paired with the $50 note within the permanently impounded Bebee Collection and the other an Extremely Fine note plated in Hessler.<p>The Kidder National Gold Bank was the only of its kind to have operated outside of California and interestingly it was the first such institution to be chartered. The Treasury had sent 50 sheets of the $50-$100 denominations although none were ever paid out, with all returning to the Treasury Department. As proof impressions, Hessler lists three for each denomination with only two being known by us. The most recent sale was this pairing which was last offered in a 2011 Heritage sale where it brought $74,500. The other we are aware of was sold in 2004 in Stacks John J. Ford Jr., Part VI sale where it was offered within a presentation album of American Bank Note Company proofs. Interestingly within the album, this pair was among only a few United States federal proofs with the majority being foreign banknotes.

We are unaware of the location of the third set which Hessler references and it would certainly not be surprising for them to remain out of the public eye for the foreseeable future. An item that can certainly be considered among the most important federal proofs available and a highlight of this world-class collection. These two note would on their own be a spectacular exhibit at a convention. <p>The story of Kidder is told by Peter Huntoon in <em>Large Size United States National Bank Notes:</em><p><em></em><p>The Kidder National Gold Bank of Boston (charter 1699), was the first national gold bank chartered, and holds the distinction of being the only one to utilize the $500-$1,000 combination. Its history is brief.<p>On August 15, 1870, $50,000 in bonds was deposited to secure the circulation for the bank. This was followed on November 5, 1870, with an additional $100,000 bond deposit. The first shipment of notes was made to the bank on March 11, 1871, when 50 sheets of the $50-$100 combination were sent. Seventy-five sheets of its $500-$1,000 combination were received by the Comptroller on April 5, 1871, and sent to the bank three days later. The high denomination shipment boosted the Kidder circulation to a total of $120,000, the 80% legal limit for the $150,000 in bonds that the bank deposited as security. These two shipments accounted for all the notes ever printed for the bank. All were Original Series notes and the $1,000s were the only $1,000 National Gold Bank notes made.<p>None of the Kidder notes reached circulation. All were returned and redeemed by the Comptroller on December 4, 1871. The bonds for the bank were sold on December 9th and 19th in $140,000 and $10,000 increments, and the bank was liquidated on November 8, 1872. Proofs remain of the $50 and $100 denominations, but none seem to remain of the $500 and $1,000 denominations.<p><p>From Heritage Auctions sale of April 27-May 2, 2011, lot 15747.

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