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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.


    Auction Info

    Auction Dates
    September, 2009
    9th-13th Wednesday-Sunday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
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