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Sausalito, CA - $10 1902 Plain Back Fr. 635 The First NB Ch. # 12453. ...

Lot: 13095, Auction: 2009 September Long Beach, CA Signature CAA Currency Auction #3506

Sold for: Not Sold
Ended: Sep 9, 2009
Item Activity: 0 Internet/mail bidders
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Description:

First Ever Public Offering

Sausalito, CA - $10 1902 Plain Back Fr. 635 The First NB Ch. # 12453
Once in a great while we are privileged to offer a truly exceptional item which we, as cataloguers, never expected to handle. This is just such a note. Although a couple of examples from this Marin County bank have long been in the census, they have both been held in long term California holdings for decades, with neither ever having appeared at public sale. In fact, this piece, which is new to the census and is being offered here for the first time to the numismatic fraternity, offers California collectors their first opportunity ever to acquire a note from this much sought after one bank town. Although now known for its houseboats and incredibly high priced real estate, Sausalito was, in the 1920's, a somewhat down at the heels community unable to support even one national bank, as this institution failed barely three years after it opened. Even the most determined of California collectors such as Charley Colver, Phil Krakover, and Lowell Horwedel were never able to obtain a note from Sausalito, but one fortunate individual will end this evening by doing what no other collector has ever been able to achieve, and that is coming home with this fabled California rarity obtained at public sale. Fine-Very Fine, a problem-free example with blue signatures and plenty of eye appeal.

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Previous Prices from Heritage Auctions

Lot Date Realized
Auction 3508, Lot 14333 Monday, January 11, 2010 $8,337.50
Auction 3506, Lot 16050 Sunday, September 13, 2009 $109.25
Auction 3506, Lot 13042 Sunday, September 13, 2009 $2,070.00
Auction 3505, Lot 16373 Sunday, May 3, 2009 $431.25
Auction 39043, Lot 33572 Tuesday, April 21, 2009 $977.50
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PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

Previous Prices from Heritage Auctions

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