Bank of Stockton collection headlines Bonhams' coins and medals sale

The First National Bank of Stockton California collection of national banknotes will headline a sale of coins and medals at Bonhams Los Angeles.

The single lot consists of five notes issued between 1873 and 1929 and valued at $120,000-150,000.

Stockton bank note
The First National Bank of Stockton California opened in 1867

It includes an 1873 $10 national gold banknote, issued to allow prospectors to change their finds for coin during the years of the California gold rush.

It's inscribed: "1873 - Lizzie Hewlett to be kept as a keepsake being the first 10 dollar note issued and given her by her Father."

Also featured is an 1882 $10 "value back" national banknote and a set of three 1929 notes that ascend in value from $10 up to $50.

Currency from the bank is particularly rare as it only issued notes for a short period between 1873 and 1879.

An AU58-graded 1796 $10 is set to provide another highlight, with an estimate of $100,000-120,000.

The lot is the only known die pairing and displays minimal circulation. It's one of between 3,500 and 4,000 that were struck, of which only a handful survive in near-mint condition.

Bonhams describes it as "a truly magnificent example, at this grade level, of this highly important, highly elusive issue."

You can take a look at our incredible collection of coins and banknotes here.

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