1363

C.T.H. Palmer, Granite Banking House Receipt, 1863

Currency:USD Category:Coins & Paper Money / Exonumia Start Price:50.00 USD Estimated At:100.00 - 300.00 USD
C.T.H. Palmer, Granite Banking House Receipt, 1863
SHIPPING & HANDLING: Shipping and Handling cannot be estimated prior to invoicing, based on the size and weight of your purchase. All shipping is subject to a minimum charge of $19.00. If additional shipping and handling costs are required, the buyer will be reinvoiced for the balance due. Items are not shipped until the invoice is completely paid. Many buyers purchase a number of lots. Every effort will be made to include all lots in a single shipping charge calculated to cover the weight and size of the package(s). NOTE: Some shipments (of unusual size, dimension, or weight) may require sp...
Receipt dated Oct. 8, 1863 for $220 from Peter Coffey; signed C.T. H. Palmer. A 5 cent brown “Inld. Exchange” Internal Revenue stamp. Wells Fargo deposited Palmer’s proceeds from gold sales into his San Francisco checking account. In turn, Palmer sold Folsom merchants and miners Wells Fargo checks drawn on this account and payable in San Francisco. “Checks on San Francisco at Par” drew customers. Rival dust buyers made similar arrangements with other banks, such as the Bank of D.O. Mills in Sacramento and the Bank of California in San Francisco. With no system to clear out-of-town checks, interior merchants jumped at this chance to pay Bay City wholesalers. Palmer had also been a Wells Fargo agent and an assayer. Blue paper printed by Towne & Bacon, S.F. Folds. Date: Location: Folsom, California HWAC# 572060