LOT #20098 |
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St. (San) Francisco, CA- Miners Bank of Savings 25¢ 18__ Remainder PMG Very Fine 25 Net.. ...
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Sold on Sep 11, 2024 for:
$4,560.00
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Description
St. (San) Francisco, CA- Miners Bank of Savings 25¢ 18__ Remainder PMG Very Fine 25 Net.The background on this issuer is rather murky. If we take everything at face value, this note was printed by Gavit & Co., a smallish security printer out of Albany, NY who went on to become the smallest partner in the ABNCo merger in 1858. Circa 1849-50 there were two banks in San Francisco, CA (1) the Miners Bank, owned by Stephen A. Wright and (2) the Miners Exchange and Savings Bank. There simply is not enough information known to accurately assess whether the Miners Bank of Savings of Alta, California had any connection to either one of these banks. The 25¢ note features a vignette of a large ocean-going steamer flanked by two round 25 CENTS dies and two TWENTY FIVE CENTS end panels. There is a slit cancel in the signature line for the President and a tape repair on the upper right edge. Most sources feel that the surviving population of this note is somewhere around 10 to 25 surviving examples. This example was once part of the John J. Ford, Jr. Collection.
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Auction Info
2024 September 11 - 13 Long Beach Expo US Currency Signature® Auction #3596 (go to Auction Home page)
Auction Dates
September, 2024
11th-13th
Wednesday-Friday
Bids + Registered Phone Bidders: 10
Lot Tracking Activity: N/A
Page Views: 256
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