HERE’S A CHECK DOCUMENT SIGNED BY PROMINENT PIONEEER CALIFORNIA BANKER, FINANCIER and SIGNER OF OBSOLETE CURRENCY (INCLUDING RARE NATIONAL GOLD BANK NOTES, ISSUED AS A RESULT OF THE CALIFORNIA GOLD RUSH.)

EDWIN DALBEY MORGAN

 

(1829 - 1912)

 Each document bears Internal Revenue stamped paper - - Scott Catalog No. RN-G1.

Edwin D. Morgan served as the cashier for the First National Gold Bank of San Francisco, California, signing rare National Gold Bank Notes alongside bank president Ralph C. Woolworth.

Banker Full Name:

Edwin Dalbey Morgan


Bank Note Signer?:

 Yes  

Home Bank:

First National Gold Bank/FNB

San Francisco, CA

San Francisco County

Banker ID:

37191

Birth:

1829 (possibly PA)

Death:

June 1, 1912, San Mateo, CA (buried Louisville, KY)

Comments:

Cashier of the Bank of Louisville, KY

before moving to California in 1872 for

his health. Appointed cashier of the FNB

of San Francisco until health failed.

Banker E. D. Morgan served in these Banks

1.    First National Gold Bank/FNB, San Francisco, CA (Cashier 1878-1893)

Bank Details and Role

…

The First National Gold Bank Issuers of National Gold Bank Notes

National Gold Bank Notes were National Bank Notes issued by nine national gold banks in California in the 1870s and 1880s and redeemable in gold. Printed on a yellow-tinted paper, six denominations circulated: $5, $10, $20, $50, $100, and $500. A $1,000 note was designed and printed but never issued. During the issuing period of national gold banks (1871–83), the U.S. Treasury issued 200,558 notes totaling $3,465,240. Today, National Gold Bank Notes are rare in the higher denominations (and unknown on some issuing banks) with condition generally falling in the good-to-fine range. Approximately 630 National Gold Bank Notes are known to exist, and roughly 20 grade above "very fine."

History

The National Gold Bank Notes were authorized under the provisions of the Currency Act of July 12, 1870. The series was a result of the California Gold Rush, where gold coins were preferred in commerce. Ten national gold banks were charted, nine of them in California and one in Boston, Massachusetts.

The Kidder Bank was the only bank to have $1,000 notes among others prepared, however, no notes circulated from the bank.

…

Following the California Gold Rush. Gold coinage was the preferred means of exchange during this period but coinage was difficult for larger transactions, so these national bank notes were issued, redeemable in gold. A $1,000 note was designed and printed, but never issued. Today, the higher-denomination notes are very rare, and only about 630 National Gold Bank Notes of all denominations are known still to be in existence.

 

This 1879 MONTANA TERRITORY REVENUE STAMPED PAPER - - CHECK DOCUMENT WAS WRITTEN AND SIGNED BY

L. H. HERSHFIELD & BRO.

Lewis H. Hershfield was a prominent pioneer merchant and private banker in Helena, Montana Territory, who operated the banking house of L.H. Hershfield & Co. and later L.H. Hershfield & Bro. during the 1860s through the 1880s.

Background and Banking Operations

Each document bears Internal Revenue stamped paper - - Scott Catalog No. RN-G1.

The documents measure 8 ¼” x 3” and are in excellent condition.

A Fine Relic of American Financial Ephemera, and great collateral item for an obsolete currency collection.

I am a proud member of the Universal Autograph Collectors Club (UACC), The Ephemera Society of America, the Manuscript Society and the American Political Items Collectors (APIC) (member name: John Lissandrello). I subscribe to each organizations' code of ethics and authenticity is guaranteed. ~Providing quality service and historical memorabilia online for over 25 years.~

WE ONLY SELL GENUINE ITEMS, i.e., NO REPRODUCTIONS, FAKES OR COPIES!