The First Art Newspaper on the Net   Established in 1996 United States Thursday, May 24, 2018

Bonhams to sell California Gold Rush era banknotes
Series 1873 $10 Gold Banknote (Friedberg 1146). From the First National Bank of Stockton California Banknote Collection. Estimate: $120,000-150,000. Photo: Courtesy of Bonhams.

LOS ANGELES, CA.- Bonhams announced the sale of the First National Bank of Stockton California Collection of National Banknotes in the Coins, Medals and Banknotes auction on August 31. The entire collection has an estimate of $120,000-150,000 and will feature a newly-discovered, Condition Census example of a Series 1873 $10 Gold Banknote (Friedberg 1146).

National Gold Banknotes of California are one of the most romantic of all currency issues. Their existence is directly traceable to the California Gold Rush of 1848, and they remain today as tangible mementos of the "Winning of the West."

The First National Bank of Stockton was organized in 1872 under U.S. law as a gold bank, but in 1879 it was re-organized under the general banking laws of the United States, thus ending the Gold Banknote era for this bank. This 1873 $10 gold note is signed by H.H. Hewlett, President of the bank and a prominent citizen of Stockton in the San Joaquin County. Hewlett subsequently gave this note to his daughter Lizzie Hewlett. The top margin of the $10 Gold Banknote exhibits the following hand-written inscription: "1873 - Lizzie Hewlett to be kept as a keepsake being the first 10 dollar note issued and given her by her Father."

The extended margin at the top, which also includes the Federal serial number 1, indicates this was the first note on the sheet and the first sheet issued by the bank.

The obverse features vignettes of Benjamin Franklin drawing electricity from the sky with a kite and a key. On the right, Liberty soars on an eagle, clutching lightning in her hand. The reverse features the California State emblem to the left and an eagle with wings partially spread standing on a shield at the right. The center vignette is a beautiful display of United States gold coins in various denominations within a large oval, a unique design for these gold notes.

Also on offer from the collection is a rare Series 1882 $10 "Value Back" National Banknote (Friedberg 577). The value "TEN DOLLARS" is at the center, which is a rarely seen issued note from this coveted bank. To finish out the inventory, three Series 1929 Small Size National banknotes: $10 (Friedberg S-2055), $20 (Friedberg S-2106) and $50 (Friedberg S-2157) are present, each bearing the unique premier serial number A000001A.

Small size National Banknotes were issued from July 1929 to May 1935. This group of three notes represents the first issued of each denomination for the First National Bank of Stockton California. This is considered a rare, highly collectible issue with few, if any auction records in recent years for any denomination. All three notes were found in the private collection belonging to Hewlett's daughter since 1872.

Today's News

June 14, 2014

New National Museum in Monaco opens exhibition of works by Gilbert & George

Modernism from the National Gallery of Art on view at The Fine Arts Museums of San Francisco

Washington's National Gallery of Art Trustees elect Frederick W. Beinecke as President

Exhibition of gouache paintings on paper by Alexander Calder opens at Gagosian in London

Nearly 100 striking works of art by Gustave Doré on view at the National Gallery of Canada

Revered Ferrari 250 LM leads superlative roster of Italian sports cars at RM's Monterey sale

Major outdoor exhibition of artwork by Dale Chihuly opens at Denver Botanic Gardens

Santa Barbara Museum of Art announces gift of more than 70 works of art from Eichholz Collection

Exhibition of jewelry designed by legendary mid-20th-century artist opens at the Dallas Museum of Art

Victoria Miro's first exhibition with artist Secundino Hernández opens in London

Conceptual artist Larry Kagan paired with Edward Hopper & his contemporaries

Monumental Civil War collection realizes more than $450,000 at Heritage Auctions

Tadao Ando designs a new showroom and the extension of Duvetica's flagship store

Jennie Jieun Lee's first solo exhibition in France opens at Lefebvre & Fils Gallery

Group exhibition comprised of new and recent paintings, drawings, and sculpture opens at Hionas Gallery

Moscow-based contemporary artist Lavrenty Bruni opens exhibition at Artvera's Gallery

Norman Rockwell Museum honors Murray Tinkelman with 2014 Artist Laureate Award

Bonhams to sell California Gold Rush era banknotes

Frameshift, curated by useful pictures, on view at Denny Gallery

The International Fine Print Dealers Association announces plans for 2014 IFPDA Print Fair

Selection from SFMOMA media arts collection brings visions of 'The West' to Istanbul

Most Popular Last Seven Days

1.- New Rembrandt found after being bought at London auction

2.- Exhibition at Fotohof focuses on groups in society who are at risk of marginalisation

3.- John Brennan collection of Rock n Roll memorabilia offered at RR Auction

4.- A Bob Dylan guitar fetches $495,000 at auction

5.- Exhibition in San Francisco focuses on the latter half of René Magritte's career

6.- 'Mad' king Ludwig II of Bavaria lost gift to composer Richard Wagner gets rare show

7.- New Royal Academy of Arts opens in celebration of its 250th anniversary

8.- Researchers uncover Anne Frank's 'dirty jokes'in her diary

9.- New York art sales near $3 billion in two weeks as uber-rich hunt trophies

10.- Berlin's Ethnological Museum returns grave-plundered artefacts to Alaska

Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .


Ignacio Villarreal
Editor & Publisher:Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Ramírez

Royalville Communications, Inc
Founder's Site. The most varied versions
of this beautiful prayer.
to a Mexican poet.

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful