3383

Possibly the ONLY remaining Uncut Sheet of Dunbar's California Bank

Currency:USD Category:Collectibles / Western Americana Start Price:1,000.00 USD Estimated At:2,000.00 - 3,000.00 USD
Possibly the ONLY remaining Uncut Sheet of Dunbar's California Bank
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VERY EARLY GOLD RUSH! Dunbar established this bank in San Francisco in 1850, where he redeemed at par the gold coins of Baldwin & Co. In 1851. In 1851 Dunbar began issuing his own gold coins. Kagin says “Dunbar probably stopped issuing his coins sometime in April or May and decided to lie low until some of the adverse publicity concerning all private gold coins had blown over. Evidently things did not improve and Dunbar headed for New York and ultimately teamed up with a new currency manufacturing scheme in the form of the Continental Bank Note Company, which later merged with the American Bank Note Company” [Kagin, 1981, 113]. This uncut sheet shows some signs of its age (wrinkles, slight discoloration), but overall is in great shape. Well worth framing. State: California City: San Francisco HWAC#: 37219 Date: 1850