977
NV - Virginia City,Storey County - 1864 - Nevada Territory Bank Check Collection
Currency:USD
Category:Collectibles / Western Americana
Start Price:175.00 USD
Estimated At:350.00 - 600.00 USD
SOLD
150.00USD+ (26.25) buyer's premium + applicable fees & taxes.
This item SOLD at 2012 Mar 31 @ 17:29UTC-7 : PDT/MST
Did you win this lot?
A full invoice should be emailed to the winner by the auctioneer within a day or two.
Invoicing and lot pick up will NOT be available at the live auction.All items will be shipped or may be picked up at the Reno office the first Monday following
Download Lot Index Lookup Here
Lot of 5: 1) Stateler & Arrington, Bankers No. 8994 issued April 30, 1864. Signed by Charles Borney (sp). Cut cancelled. One blue hand tied R5 R2 semi perf stamp at left. Black on crème. Stateler and Arrington operated what some called a pawn brokering banking establishment. Some would say this because they supplied loans as early as 1861 for "all kinds of securities" [Ref: Davis, History of Nevada, 1913, p. 624. 2). Wells, Fargo & Co. No. 392 issued September 1, 1862. Signed by Empire Mill & Mining Co. for "Geo E Childs." Blue single ring PAID stamp at bottom. Green on crème. 3). Wells, Fargo & Co. No. 1558 issued October 19, 1864. One blue hand tied R5 R2 perf stamp at left. Black on crème. Wells, Fargo & Co. Was the first banking house to open in Virginia City. The bank was unable to give loans to area merchants but made drafts drawn by mining companies in good standing with the banking world. The bank also received deposits and sold exchanges. 4). Paxton & Thornburgh, Bankers No. 17749 issued April 21, 1863. Signed by M. Brave. Brown on crème. Paxton & Thornburgh opened up shop in 1862. 5) Rare. B.F. Hastings & Co., Bankers No. 35 issued May 19, 1864. Signed by Almon Hovey. One blue hand tied R5 R2 perf stamp at left. Flanked by fancy bordering at top and bottom. One blue single ring B.F.H & Co. seal stamp at top. Folds present. Cut cancelled. Black on crème. B.F. Hastings never lived in Virginia City. He was a known Sacramento banker who operated there before and during the bank's branch existence in Virginia City. The branch had a quarter interest owned by the Virginia City branch manager A.K. Grim [Ref: Davis, History of Nevada, 1913, p. 625].
- Gil Schmidtmann Collection
Auction Location:
Red Lion Hotel 1401 Arden Way, Sacramento, California, 95815, 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:
We accept Visa, Master Card, Money Order/Cashiers Check, Person Check, PayPal: HKAEbayRep@yahoo.com. A 3% discount is applied to the Buyer’s Premium on all sales. That discount will be reversed if payment is made with a credit card or through PayPal.
Accepted Payment Methods:
- VISA
- Master Card
- Money Order/Bank Draft
- Check/Cheque
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1. This is a Live Auction.
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7. Reserves: Most of the lots in this auction are unreserved. Gold is generally reserved at or near spot, though it could be slightly below spot.
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12. All stock certificates, checks, warrants and other financial documents sold herein are sold as antiquities, and have no financial, securities, or public trading value whatsoever.
13. We reserve the right to reject any bid we feel is not made in good faith.
14. The placing of a bid shall constitute the bidders acceptance of these terms of sale.
15. 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%.
16. Sales Tax: Sales tax will apply, according to state law, for any items that ship to Nevada (7.725%) or California (9.0%) unless a current, valid re-sale certificate is faxed to us at 775-852-8866 before bids are placed.
17. 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.
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 the items and their 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 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.
This sale is being held under the laws of the State of Nevada and California.
Kagin’s, Inc. nor its subsidiary auction company Holabird-Kagin Americana shall not be held responsible for any problem due to the bidders failure to follow the rules, terms and conditions of this sale, or any failure to bid due to the loss of the online auction process provided by any of the online auction networks; or missed bids, changed bids or cancelled due the bidders failure to follow the proper bidding procedure outlined herein.