4500

Gold Rush Illustrated Lettersheet: Banking House of Page, Bacon & Co. c1850s [155333]

Currency:USD Category:Collectibles / Paper Start Price:500.00 USD Estimated At:1,000.00 - 5,000.00 USD
Gold Rush Illustrated Lettersheet: Banking House of Page, Bacon & Co.  c1850s  [155333]
UNCLAIMED MERCHANDISE: In the event that a successful bidder has paid in full for their merchandise but fails to settle outstanding shipping invoices or make arrangements for merchandise pickup within 60 days, HWAC reserves the right to declare the merchandise forfeited. This forfeiture will result in the merchandise becoming the property of HWAC and the successful bidder shall have no claim to or rights over the forfeited merchandise.
Extremely rare. Baird p. 24, N7. Baird calls this ad advertising piece, which FH does not agree with. Blue paper, black print. Banking House of Page, Bacon & C0. Dateline Sacramento, 185-. Lists three offices: Sacramento, Stockton, and San Francisco. Vignettes in each corner: mountain river scene (upper left), bear next to river (upper right), tree (bottom right), and eagle with arrows (bottom left). 11 x 9" Horizontal fold, toning around edges, missing bottom right corner and discoloration there too. No printer listed. Page, Bacon & Co. was founded in San Francisco in 1850 during the California Gold Rush. Their main office in St. Louis became overextended in 1854 due to problems financing a railway, and closed in January 1855. When the news reached San Francisco five weeks later, it triggered a run on the San Francisco house, which was also forced to close and affected other numerous other banks. This run was later known as "Black Friday." Sacramento California