UT. Gold Mountain Consolidated Mining Co. 1907 Panic Currency Trio

Richfield, Utah, 1907 (Redeemable on May 10, 1908). Lot of 3 I/U 1907 Panic Currency Scrip Notes, Includes $2; $5; and $10, Black print with large red denomination underprint, S/Ns at top right near dates. Payable at the Richfield Commercial & Savings Bank in Richfield, Utah. All are in VF to AU condition with blank backs. These notes were issued as a result of the Panic of 1907, a financial crisis caused by a significant drop in the New York Stock Exchange and a subsequent run on banks. Scrip notes were issued in lieu of paper money. Rare trio. (3)

Estimate:£74.7

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