Olympic Club - Famous Athletic Club - 1888 dated $25 Bond - San Francisco, California
Inv# CL1140 Bond
$25 5% Gold Bond printed by H.S. Crocker & Co., San Francisco, California.
Founded on May 6, 1860, The Olympic Club of San Francisco holds the distinction of being the oldest athletic club in the United States. Initially established as informal gymnastics sessions in a backyard by 23 charter members, the club has grown into a prestigious institution with over 11,000 members and two primary campuses. The City Clubhouse on Post Street, rebuilt in 1912 after the original was destroyed in the 1906 earthquake, serves as an urban hub featuring a historic natatorium, fitness centers, and courts for basketball, squash, and handball. Beyond its role as a social and fitness sanctuary, the club has a storied history of nurturing elite talent, including world heavyweight champion James J. “Gentleman Jim” Corbett and numerous Olympic medalists.
The club is equally renowned for its Lakeside campus, which transformed into a world-class golfing mecca after the club acquired the property in 1918. This site boasts 45 holes of golf across three courses—the Lake, Ocean, and Cliffs—with the Lake Course gaining international fame for hosting five U.S. Open Championships and establishing a reputation for dramatic underdog victories. In early 2026, the club is scheduled to embark on a significant update of the Ocean and Cliffs Courses, led by architect Jim Urbina. Looking ahead, The Olympic Club remains a central pillar of the San Francisco sporting community, with plans to host major upcoming events such as the 2028 PGA Championship and the 2033 Ryder Cup.
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
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