18396

San Francisco, CA - $5 1870 Fr. 1136 The First

Currency:USD Category:Coins & Paper Money Start Price:2,050.00 USD Estimated At:1.00 - 1,000,000.00 USD
San Francisco, CA - $5 1870 Fr. 1136 The First
San Francisco, CA - $5 1870 Fr. 1136 The First National Gold Bank Ch. # 1741This National Gold Bank Note conjures up images of the Old West, as the settlers distrusted paper money and only wanted gold coin as a medium of exchange. This is reflected in the yellow paper, the more than $200 in gold coins depicted on the back, and the fact that this paper money was redeemable in gold coin by the issuing bank. This made these notes highly desirable and caused them to circulate for a long period of time in bad conditions, resulting in the vast majority of them being in grades less than Fine. This is the most common bank and denomination found in this series, but this note is a pleasing Fine+++, with good paper, color, and readable penned signatures of Morgan and Woolworth. <BR><BR><B>Important notice:</B> Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Since eBay bids are not shown to us until we open the lot on the floor, we treat those bids just like floor bids. In most cases the floor responds before the eBay bid is presented to us, due to Internet lag time, so for consistency we have made it a policy that floor bids are always considered first over tie eBay live bids. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid. <BR><BR><B>IMPORTANT ANNOUNCEMENT ABOUT RESERVES:</B> Heritage now divulges all reserves on its web site 7 days before every auction. If you want to know whether the reserve on this lot has been met, and if not, what the reserve amount is, please visit this lot page on the HeritageCoin.com web site, or email: bid@HeritageGalleries.com