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Gold Bullion Memorandum, San Francisco Mint, 1855, Gold Rush Era, for Sailors Diggings

Currency:USD Category:Coins & Paper Money Start Price:375.00 USD Estimated At:750.00 - 1,500.00 USD
Gold Bullion Memorandum, San Francisco Mint, 1855, Gold Rush Era, for Sailors Diggings
SOLD
600.00USDto d*****4+ buyer's premium (150.00)
This item SOLD at 2018 Mar 15 @ 08:22UTC-7 : PDT/MST
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Very rare Gold Rush assay receipt. Dateline San Francisco, Oct. 16, 1855. No. 9689, one deposit weighing 22.83 oz, .913 fineness, valued at $399.98. Deposit is from J. Wilson. Signed by Sam Cahill for Treasurer of the Branch Mint. Notations bottom left for Wells Fargo freight charges. Reverse has pen notations: "Assay US Mint / Sailor Diggings / Oct 19, 1855" This likely refers to the famous Oregon hydraulic gold mining site Sailors Diggings, located on the Illinois River in Josephine County, Oregon, just north of the California border. Discovered in 1852, the site became the town of Waldo in 1856, and was erased by hydraulic mining operations in the 1920s. The name refers to sailors who jumped ship in Crescent City and discovered the site on their way to Jacksonville. The miners dug an eleven mile trench to provide the water necessary for their hydraulic and placer operations. The site was known for large nuggets. Blue paper with red print. Folds, small areas of staining. 4.25" x 11.25" Date: Location: San Francisco, California HWAC# 50938