5086
Reno, Nevada - $10, 1902 Plain Back, The Farmers And Merchants National Bank, Charter 7038 (First Ti
Currency:USD
Category:Coins & Paper Money / Paper Money - United States
Start Price:1,500.00 USD
Estimated At:2,000.00 - 4,000.00 USD
SOLD
1,500.00USD+ (345.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2015 Oct 03 @ 09:38UTC-7 : PDT/MST
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A solid note with strong over printed signatures of A.J. Caton, cashier and Richard Kirman, president. One of seventeen $10 Plain Backs reported on this bank. Condition: Very Fine. Serial Number: 28867. The Farmers And Merchants National Bank Of Reno History: Chartered in November of 1903 with a capital of $200,000. In November of 1932, the current Governor Fred Balzar issued Bank Holiday orders and all the banks in the state were closed except The Farmers And Merchants National Bank Of Reno which remained open. The bank President, Richard Kirman, Sr. stated “if you have money in the bank and want it – come in and get it.” Thus avoiding a run on the bank. Kirman, Sr. would become Nevada Governor on January 7, 1935. On June 24, 1929 the bank changed it’s title (name) to First National Bank In Reno. Reno Nevada HWAC# 32253
Auction Location:
3555 Airway Drive Suite 309, Reno, Nevada, 89511, United States
Previewing Details:
Preview is Thursday September 24 at our offices in Reno or by prior appointment.
Nevada State Sales Tax
Taxes:
| Tax | Rate | Desc. |
| NSST |
7.75% |
Nevada Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
23% |
Additional Fees:
| Fee | Amount | Applicable Locations | Applied To |
| Handling fee |
5.00
|
Not Applicable
|
This fee applies to the total of the invoice
|
Shipping Details:
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1. This is a Live Auction conducted by Holabird’s Western
Americana Collections LLC (HWAC).
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more than one bid at the current high absentee bid or 50% of the
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case of an immediate dispute at the actual time of the sale.
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note that there may be delays or interruptions in internet
connectivity that are beyond our control. Attending the live
auction or arranging for an agent is the most reliable way to secure
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WARNING: Auction participation through the live internet bidding
site is not 100% foolproof. The technology for this process is still
under development, and the operation of it and the corresponding
internet connectivity issues are far beyond our control. Some folks
have attempted to use the live internet bidding process as their
primary method of bidding, and have been quite successful. Others
have failed completely. Depending upon your computer, server, host,
and other factors, internet signals may be delayed, such that bids
may not be received in time. We cannot be held responsible for these
delays, or for the lack of placed bids in a timely manner, or any other
factors leading to unaccepted bids that are far beyond our control.
Bidders should always have a backup plan for lots they highly desire.
Live participation is best, followed by phone participation. We will
not reopen lots for missed bids.
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
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8. Bidding Increments: All bids must be submitted in U.S. dollars
and in whole dollar amounts only in the appropriate increments
as outlined below. If you choose to submit bids in an increment not
listed below, your bid will be rounded to the nearest increment
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was rounded should your bid be the winning bid. If you have any
questions about an appropriate bid amount, please call us.
From: To: Increment:
$1 $95 $5
$100 $190 $10
$200 $475 $25
$500 $1,450 $50
$1,500 $3,400 $100
$3,500 $9,750 $250
$10,000 $max $500
9. Bid Reduction: All winning absentee bids will be reduced, if
necessary, to the next bidding increment up from the last competing
bid, as long as the minimum bid requirement has been met. For
example, if you submit an absentee bid of $1000 and the next highest
competing bid is $250, then you will win the lot for $275.
10. Bid Information: Collectors often ask in advance the price level
of a particular lot. We will give out the current high absentee bid until
we close the day before the live auction. You may also view absentee
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the absentee bids as often as necessary, bids received close to the
bidding deadline might not be reflected online, and we disclaim any
responsibility for any bids made in reliance upon inaccuracies on our
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to advise us of this. Bid cancellations through mail, email, or fax are
not advisable. Errors are easy to make and we are happy to assist all
callers.
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.
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good faith.
14. The placing of a bid shall constitute the bidder’s acceptance
of these terms of sale