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Hetch Hetchy San Fran Water Bond 1925 [176546]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:10.00 USD Estimated At:100.00 - 200.00 USD
Hetch Hetchy San Fran Water Bond 1925  [176546]
SOLD
170.00USD+ (42.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2024 Mar 09 @ 15:02UTC-8 : PST/AKDT
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San Francisco Hetch Hetchy Water Bond#8508, I/C, $1000, 5%, Serial Gold bearer bond w/principal due 1964. Signed James Rolph Mayor, John E Douglas Treas. Org. border w/blk writing, ì$1000î in org. underprint, vignette top center $1000 on either side of vingette of the dam. Embossed stamp of the city of San Francisco. Stamped ìPAIDî Jan 2, 1964. Cancel date is hole punched ì C 1 8-64). No pin holes, tears or stains in excellent cond. A. Carlisle & Co. printer.
Once Congress approved the Baker Act in 1913, decommissioning part of Yosemite National Park to dam part of the Tuolumne River so that San Francisco could have water and power. This became, at the time, one of the most controversial dams creating a massive political battle from both sides of the building issue. San Francisco California Ken Prag Collection