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Barton Lee, Banker Sacramento City, CA Gold Receipt (123716)

Currency:USD Category:Collectibles / Mining Start Price:250.00 USD Estimated At:500.00 - 700.00 USD
Barton Lee, Banker Sacramento City, CA Gold Receipt  (123716)
SOLD
250.00USDto 6*********2+ buyer's premium (62.50)
This item SOLD at 2020 Dec 18 @ 10:11UTC-8 : PST/AKDT
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RARE! 1850 is extremely early for Gold Rush Banking ephemera. No. 362 dated July 17, 1850 Sacramento City. 3.75 x 5.5" manuscript filled in receipt for $1500 in gold deposited by J. C. Crachman earning 10% per month. The note was payable with interest in one month, however Barton Lee's Bank failed in a financial crisis, closing its doors on August 5th of that same year. Crachman probably lost most, if not all, his money. Barton Lee was a California pioneer, Sacramento' s first treasurer and one of the first bankers in that city. Biography and history included.

Date: 1850
Country (if not USA):
State: California
City: Sacramento City
Provenance:

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