National Gold Bank Note

National Gold Bank Note
(United States Of America)
Value$5, $10, $20, $50, $100, and $500
Security featuresNone
Years of printing1870 – 1875
Obverse
DesignVarious
Design date1870s
Reverse
DesignOrnamental with an array of United States gold coins
Design date1870s

National Gold Bank Notes were National Bank Notes issued by nine national gold banks in California in the 1870s and 1880s and redeemable in gold. Printed on a yellow-tinted paper, six denominations circulated: $5, $10, $20, $50, $100, and $500.[1] A $1,000 note was designed and printed but never issued.[2] During the issuing period of national gold banks (1871–83), the U.S. Treasury issued 200,558 notes[3] totaling $3,465,240.[1] Today, National Gold Bank Notes are rare in the higher denominations (and unknown on some issuing banks) with condition generally falling in the good-to-fine range.[nb 1] Approximately 630 National Gold Bank Notes are known to exist, and roughly 20 grade above "very fine".[4]

  1. ^ a b Zerbe, Farran (1898). "National Gold Bank Notes". The Numismatist. 30 (1). The American Numismatic Association: 158. Retrieved 27 May 2014.
  2. ^ a b Friedberg & Friedberg, 2010, p. 160.
  3. ^ Huntoon, 1996, p. 126.
  4. ^ "The National Bank Note Census". The National Currency Foundation. Retrieved 13 May 2014. {{cite journal}}: Cite journal requires |journal= (help)


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