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    Description

    Mining Boom Town Bank Panic Depression Scrip. A widespread financial panic causing runs on banks and a short supply of Federal notes necessitated a form of currency to keep banks in operation. Although illegal, the government ignored currency laws banning them. Pair of "Rhyolite Clearing House Certificate[s]", each 7.25" x 3.5", not filled in, Rhyolite, Nevada, November 30, 1907, in the amounts of $10 and $20. These notes, backed by securities on deposit, were redeemable at the Bullfrog Bank & Trust Company and the First National Bank of Rhyolite. Printed by Britton & Rey of San Francisco.

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    Auction Dates
    May, 2010
    22nd Saturday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
    Page Views: 813

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