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.
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.
Issuing banks
{| class="wikitable sortable"
|+Issuers of National Gold Bank Notes
|-
! scope="col" style="width:300px;"| Title
! scope="col" style="width:100px;"| City
<!--! scope="col" style="width:200px;" class="unsortable"| Image IN PROGRESS-->
! scope="col" style="width:40px; "| Charter
! scope="col" style="width:80px; "| Date
! scope="col" style="width:200px; " class="unsortable"|Denominations
! scope="col" style="width:40px; " |Total issue
|-
! scope="row"| The Kidder National Gold Bank
| Boston
<!--|200px|alt=-->
|1699
|15 Aug 1870
|50, 100, 500, 1000
|$120,000
|-
! scope="row"| The First National Gold Bank
| San Francisco
<!--|200px|alt=-->
|1741
|30 Nov 1870
|5, 10, 20, 50, 100, 500
|$853,750
|$80,000
|427 reported
|-
! scope="row"|$10
| alt1=$10 National Gold Bank Note, The First National Gold Bank of Oakland|150px
|1870, 1872, 1873, 1874, 1875
|Galen M. Fisher (cashier) and<br/>Benjamin F. Ferris (president)
|117 reported
|-
! scope="row"| $20
| alt1=$20 National Gold Bank Note, The First National Gold Bank of San Francisco|150px
|1870, 1872, 1873, 1874, 1875
|Edwin D. Morgan (cashier) and<br/>Ralph C. Woolworth (president)
|-
! scope="row"| $100
| alt1=$100 National Gold Bank Note, The First National Gold Bank of Petaluma|150px
|1870, 1873, 1874, 1875
|Henry H. Atwater (cashier) and<br/>Issac G. Wickersham (president)
|9 reported
|-
! scope="row"| $500
| align="center"| None known
| 1870, 1872
|
|Unknown