NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2011 Jun 29 @ 10:00UTC-7 : PDT/MST
Session D is a Mail-Bid Only Auction. Absentee bids will be accepted only. No live bidding will be allowed. All winners will be contacted after the auction. BIDDING ENDS MONDAY JUNE 27 AT 5PM PACIFIC TIME!!!
Lot of 11. 1) Notice of Sale for Assets of the First National Bank of Rhyolite, to be sold on October 20, 1911; issued by the receiver, ClayTallman; measures 9" x 13” and is 5 pages bound in a cover; lists the property to be sold;: Bills Receivable, Bills Receivable Written Off, Judgments other than above indicated, claims filed in bankruptcy not otherwise shown, claims for overdrafts, other assets, recapitulation. Shows a total owed, exclusive of accrued interest, of $139,699.21.2) Letter on bank letterhead dated March 13, 1912 to a Mr. Venton from Phil (illegible) wherein the author discusses redemption of Big Bell stock. This letter is dated after the Notice of Sale listed above. Letterhead has the green bullfrog logo. 3) Three blank checks from the account of Frank P. Kerns, nos. 1141-3; unissued; have bullfrog logo. 4) Promissory Note, unissued; measures 9" x 6.5”. 5)check No. 2189 dated June 15, 1915, drawn on the account of H.D. and L.D. Porter payable to M.A. Newmark & Co. for $153.41. 6) Blank bank check with green bullfrog logo; unissued, pasted on poster board. 7) Bank check made out to Bullocks for $16.70 and cancelled on March 4, 1909; green bullfrog logo, right side of check torn off. 8) Postcard “Prospecting Outfit Leaving Rhyolite, Nevada” by A.E. Holt, publisher, Rhyolite, Nev.; postmarked May 1908, no stamp; addressed to Ethel Baker of Asbury Park, New Jersey.
9 & 10) Two blank counter checks: one is on green paper with bullfrog logo; the other is on crème paper with a vignette of the bank building in Rhyolite. 11) Notification of debit to account from Rhyolite branch; measures 3.5" x 9” and is glued to poster board. Unused. “The First National Bank of Rhyolite, Nevada received its national charter on 5/14/1907 and opened its doors at The Overby Building. In 1909 The John S. Cook Bank left its building and The First National Bank of Rhyolite took over its former space. The First National Bank did have a monopoly on banking in Rhyolite for a few months with The John S. Cook Bank and The Bullfrog Bank having closed before The First National Bank of Rhyolite finally shut down on March 23rd of 1910. The town of Rhyolite rapidly deteriorated from a once promising mining oasis in a matter of a few years. As the mining companies faltered, so did the bank. One can assume most loans given in the town went bad and the bank employees themselves jumped ship as well. When the comptroller of currency requested the stockholders pay their debts, the president and all the officers and directors could not be found. It is safe to say they abandoned the town like everyone else. The First National Bank of Rhyolite issued a total of 4,272 banknotes.” [http://www.rarenationalcurrency.com/The_FNB_of_Rhyolite.html]
Auction Location:
Atlantis Casino Resort 3800 S. Virginia St., Reno, Nevada, 89502, United States
Previewing Details:
Preview is available at our Reno office located at 3555 Airway Drive Suite #308 by appointment only, any
time prior to 10/28/2010. Call 775-852-8822 to schedule a preview. Space is limited. Preview is open to
the public on 10/28/2010 from 12:00pm to 6:00pm at the Atlantis Casino Resort located at 3800 South
Virginia Street in Reno, Nevada.
Sales tax will apply, according to state law, for any items that ship to Nevada or California or are picked
up at our Reno, Nevada location, unless a current, valid re-sale certificate is provided at the time of
purchase.
Taxes:
| Tax | Rate | Desc. |
| NST |
7.725% |
Nevada Sales Tax: |
| CST |
9% |
California Sales Tax: |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
17.5% |
Additional Fees:
Shipping Details:
Shipping will be calculated prior to invoicing, based on the size and weight of your purchase. A $5
handling fee will be included in the shipping charge. The customer is responsible for all shipping charges.
We do not ship any purchases until the auction invoice is paid in full. Purchases will be shipped via
our approved, insured carriers, Federal Express or the US Postal Service. All items shipped Federal
Express will be insured for the full value determined at auction by Holabird-Kagin Americana at no
extra cost to the buyer. Federal Express shipments will be sent the Monday, Tuesday or Wednesday
following receipt of payment. Pick up is available from our Reno Office the next business day after
the auction. NOTE: Some shipments (of unusual size, dimension or weight) may require special
handling for which individual costs will be calculated and applied to the shipping charge on the invoice.
Payment Details:
A 3% discount is applied to all sales. That discount will be reversed if payment is made with a credit card or through PayPal.
(PayPal/Credit Card Purchases - 20.5% Buyers Premium)
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1. This is a Live Auction which includes a Mail Bid/Absentee Only Section.
2. Internet Bidding. Absentee and Live internet bidding are both available through this auction
network. If you wish to bid LIVE via the internet, you MUST pre-register on one of our available
auction networks and bid only through that same site. WARNING: Do not register to bid, place
absentee bid, or bid live at more than one online auction network for bidding errors may
result. A live video and sound feed will be accessible during the auction for those bidding via
the internet. Absentee bids will also be accepted on this site until 2 hours prior to the auction.
Bidding will reopen for the live portion when the auction starts. Absentee internet bidding
for the Mail-Bid/Absentee Only Section Only of the auction will remain open until Monday,
June 27th at 5pm, Pacific time. 3. Live Auction Absentee Bidding: Absentee bids for the live auction will be accepted until two
hours prior to the start of the live auction. It is your responsibility to submit all lot numbers and
bid amounts accurately. Absentee bids should be equal to at least 50% of the low estimate if an
estimate is provided. Bids on “No Lots” or “Withdrawn” Lots are considered no bids. Absentee
bids for the Mail Bid/Absentee only section of the auction will be accepted until Monday,
June 27th at 5pm Pacific time.
4. Mail-Bid/Absentee Only Section Bidding. A portion of this sale is designated as “Mail-Bid”
or “Absentee Only”. The Mail-Bid/Absentee Only portion of the sale will close approximately
one week after the live auction. It is your responsibility to submit all lot numbers and bid
amounts accurately. Absentee bids should be equal to at least 50% of the low estimate if an
estimate is provided. Absentee bids for the Mail Bid/Absentee only section of the auction will be
accepted until Monday, November 8th, 5pm PST.
5. Reserves: Most of the lots in this auction are unreserved.
6. Buyers Premium. There will be a 17.5% Buyer’s Premium added to each lot. This premium
includes a 3% discount for transactions paid with cash, checks, money orders or wire transfers.
All other forms of payment are not subject to the 3% discount and the Buyers’ Premium will be
calculated at 20.5%.
7. Invoicing: Shipping charges will be added to all invoices. Invoices are mailed or emailed
within two business days after the close of all portions of the sale. Payment is due in full within
15 days of receipt of invoice to Holabird-Kagin Americana, 3555 Airway Dr., #308, Reno, NV
89511. We accept cash, personal checks, money orders, wire transfers, etc. All returned checks
are subject to a $25 fee. Cash received in amounts greater than $10,000 is subject to the filing
of IRS 8300 forms, as required by law. Sales tax will be added to all sales picked-up after the
auction or shipped to California or Nevada addresses, according to state law, unless a resale
certificate is provided.
8. Return Policy. All items are guaranteed to be authentic. If authenticity is challenged, please
call our office for assistance. You may return any piece that was significantly inaccurately
described by calling our office within one week of receipt of item(s) and notifying us of the error
and reason for return. We do not refund postage or insurance. We have attempted to describe
condition accurately. If no condition is given, assume average. Please call us if you require a
more specific condition report. Any items that are returned, must be returned in the exact,
unaltered condition. NGC certified tokens that are returned must be original, unaltered NGC
holders. Any tokens removed from the original NGC/NCS certification holders or items returned
in an altered condition are deemed are not returnable under any circumstances. When we
receive your bids we will assume you have read the description in the catalog, viewed the image
of the item, have contacted us regarding any questions you may have on any lot and/or have
previewed the lot in person. Therefore, returns are only accepted if prior approval is given by
Holabird-Kagin Americana.
9. All stock certificates, checks, warrants and other financial documents sold herein are sold as
antiques, and have no financial, securities, or public trading value whatsoever, other than as an
antique.
10. We reserve the right to reject any bid we feel is not made in good faith.
11. In the case of tie bids on the book, the earliest received shall take precedence.
12. The placing of a bid shall constitute the bidders acceptance of these terms of sale.
13. This sale is being held under the laws of the State of Nevada.
14. Kagin’s, Inc. nor its subsidiary auction company Holabird-Kagin Americana shall not be held
responsible for any failure due to the loss of the auction applet provided by this auction network