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Freeman & Co's Express Stamped Envelope to W. C. Ralston in San Francisco (123805)

Currency:USD Category:Collectibles / Wells Fargo & Express Co's Memorabilia Start Price:150.00 USD Estimated At:300.00 - 500.00 USD
Freeman & Co's Express Stamped Envelope to W. C. Ralston in San Francisco  (123805)
SOLD
225.00USD+ (56.25) buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Dec 19 @ 08:15UTC-8 : PST/AKDT
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Red, Type 2. Freeman and & Co' was used from March of 1855 to late 1859." John Freeman was Adams & Company’s agent in Panama at the time of the company’s collapse in Feb, 1855. Shortly thereafter, he opened an express business under his name. He contracted with Cova & Company in Panama to act as his agent on the Isthmus. He quickly extended from a base in San Francisco to Australia, New York, and inward to all the mining areas of California. By July of 1858, he was handling mail to British Columbia and was a major rival to Wells Fargo. As he did in his initial express foray of 1851 (then selling to Adams), he again sold the business, this time to Wells Fargo, at the end of 1859." [westerncoverosociety.org] 'Coulterville' very hard to read.

W. C. Ralston would be William Chapman Ralston - the Comstock millionaire, founder of the Bank of California, and builder of the Palace Hotel in San Francisco.

Date: c1857
Country (if not USA):
State: California
City: Coulterville
Provenance:

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