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National Gold Bank Note
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.Friedberg & Friedberg, 2010, p. 160. During the issuing period of national gold banks (1871–83), the U.S. Treasury issued 200,558 notesHuntoon, 1996, p. 126. 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 charte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Bank Note
National Bank Notes were United States currency banknotes issued by National Banks chartered by the United States Government. The notes were usually backed by United States bonds the bank deposited with the United States Treasury. In addition, banks were required to maintain a redemption fund amounting to five percent of any outstanding note balance, in gold or "lawful money." The notes were not legal tender in general, but were satisfactory for nearly all payments to and by the federal government. National Bank Notes were retired as a currency type by the U.S. government in the 1930s, when U.S. currency was consolidated into Federal Reserve Notes, United States Notes, and silver certificates. Background Prior to the American Civil War, state banks and chartered private banks issued their own banknotes. Privately issued banknotes were nominally backed by specie ( hard money) or financial securities held by the banks but oversight of issuing banks often was lax and encourage ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oakland
Oakland is the largest city and the county seat of Alameda County, California, United States. A major West Coast port, Oakland is the largest city in the East Bay region of the San Francisco Bay Area, the third largest city overall in the Bay Area and the eighth most populated city in California. With a population of 440,646 in 2020, it serves as the Bay Area's trade center and economic engine: the Port of Oakland is the busiest port in Northern California, and the fifth busiest in the United States of America. An act to incorporate the city was passed on May 4, 1852, and incorporation was later approved on March 25, 1854. Oakland is a charter city. Oakland's territory covers what was once a mosaic of California coastal terrace prairie, oak woodland, and north coastal scrub. In the late 18th century, it became part of a large ''rancho'' grant in the colony of New Spain. Its land served as a resource when its hillside oak and redwood timber were logged to build San Francisc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1870s In California
Year 187 ( CLXXXVII) was a common year starting on Sunday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Quintius and Aelianus (or, less frequently, year 940 '' Ab urbe condita''). The denomination 187 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Septimius Severus marries Julia Domna (age 17), a Syrian princess, at Lugdunum (modern-day Lyon). She is the youngest daughter of high-priest Julius Bassianus – a descendant of the Royal House of Emesa. Her elder sister is Julia Maesa. * Clodius Albinus defeats the Chatti, a highly organized German tribe that controlled the area that includes the Black Forest. By topic Religion * Olympianus succeeds Pertinax as bishop of Byzantium (until 198). Births * Cao Pi, Chinese emperor of the Cao Wei state (d. 226) * G ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Historical Currencies Of The United States
History (derived ) is the systematic study and the documentation of the human activity. The time period of event before the invention of writing systems is considered prehistory. "History" is an umbrella term comprising past events as well as the memory, discovery, collection, organization, presentation, and interpretation of these events. Historians seek knowledge of the past using historical sources such as written documents, oral accounts, art and material artifacts, and ecological markers. History is not complete and still has debatable mysteries. History is also an academic discipline which uses narrative to describe, examine, question, and analyze past events, and investigate their patterns of cause and effect. Historians often debate which narrative best explains an event, as well as the significance of different causes and effects. Historians also debate the nature of history as an end in itself, as well as its usefulness to give perspective on the problems of the p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banknotes Of The United States
Banknotes of the United States dollar are currently issued as Federal Reserve Notes (1914–). Previous banknote versions that have been issued include: Silver Certificates (1878–1964), Gold certificates (1865–1934) and United States Notes (1862–1971). Federal Reserve Notes Federal Reserve Notes were first issued in 1914, and differ from their predecessor Federal Reserve Bank Notes in that they were liabilities of the whole Federal Reserve System. They were redeemable in gold until 1933. After that date they stopped to be redeemable in anything, much like United States Notes (which later led to the halting of the production of United States Notes). They switched to small size in 1929 and are the only type of currency in circulation today in the United States. They were originally printed in denominations of , , , , , , , and . The , , and denominations were last printed in 1945 and discontinued in 1969, making the bill the largest denomination banknote in circulation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petaluma
Petaluma (Miwok: ''Péta Lúuma'') is a city in Sonoma County, California, located in the North Bay region of the San Francisco Bay Area. Its population was 59,776 according to the 2020 census. Petaluma's name comes from the Miwok village named ''Péta Lúuma'', that was located on the banks of the Petaluma River. The modern city originates in Rancho Petaluma, granted in 1834 to famed Californio statesman Mariano Guadalupe Vallejo, considered to be the founder of Petaluma. Today, Petaluma is known for its well-preserved historic center and as a local hub for the Petaluma Valley region of Sonoma County.Kay Ransom, C. Michael Hogan, Ballard George et al., ''Environmental Impact Report for the Petaluma General Plan'', prepared by Earth Metrics Inc. for the city of Petaluma (1984), History The Coast Miwok resided throughout Marin and southern Sonoma County. The village of (Coast Miwok for "backside of the hill", or "sloping ridge") was east of the Petaluma River, with a number ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banknote
A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable instrument, negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to Redemption value, redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authority, monetary authorities. National banknotes are often – but not always – legal tender, meaning that courts of law are required to recognize them as satisfactory payment of money debts. Historically, banks sought to ensure that they could always pay customers in coins when they presented banknotes for payment. This p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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