4311

Justh Assay Office - Gold Receipt, rec'd from W.F. c/o C.T.H. Palmer [169244]

Currency:USD Category:Coins & Paper Money / Ingots Start Price:750.00 USD Estimated At:1,500.00 - 8,000.00 USD
Justh Assay Office - Gold Receipt, rec'd from W.F. c/o C.T.H. Palmer  [169244]
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Justh, Assay Office and Gold and Silver Refinery, 104 Montgomery St., San Francisco, CA, October 26, 1858. No. 7867 Memorandum of Gold Bullion deposited by W.F. & Co. ñ C.T.H. Palmer. Weight before melting: 66.51 oz. After melting: 66.22. Fineness: .903. Full Value of Gold: $1236.10. Signed by E. Justh. Most of the existing certificates were signed for E. Justh by his employee Sidney Van Wyck who was an assayer previously employed by Justh, at the San Francisco Mint. Van Wyck later went on to become the sole assayer in the new mining camps of the post 1860 era of Aurora, Virginia City, and Hamilton. These certificates are particularly collectible because of their direct relationship to the Justh & Hunter gold ingots found on the 1857 wreck of the Steamer, S.S. Central America. Hillen Hunter (Crossed out) left Justh where he was in charge of the Marysville office. Very Fine condition. Low R6. Justh & Hunter Assay Office: Emanual (Emil) Justh was born in Verboca, Hungary and arrived in San Francisco on November 14, 1850. Initially he worked as a Lithographer in the office of Justh & Co. and Justh & Quirot. After working in the U.S. Assay Office from April of 1854, he partnered with S. (Solomon) Hillen Hunter shortly after he arrived in San Francisco early in in 1855. The Assay office was formed on May 15, 1855, and located on 188 Montgomery Street. On July 10, 1858, Justh was no longer in partnership with Hunter who had left, which explains why Hunters name was blacked out on most of the Justh & Hunter receipts. Perhaps only one example of However the altered receipts remained in use by Justh until he required a new supply for business sometime later. It was then that Justh simply changed the design and size of his receipts and deleted Hunters name altogether. These receipts are significantly larger, measuring 10.5 x 4.25 inches and were printed on a creme or buff colored paper with black ink by Kuchel & Dresels Lithography SF. In addition to columns listing weights before and after melting, fineness, fees, and full value, a new column was added by Justh for ìClippings / deducted from Fees / Ozs / Dec / Dolls / Cts. Justh & Hunter Assay Office. On May 2, 1856, Justh opened a branch office in Marysville. On October 12, 1856, the San Francisco branch moved to 108 Battery St., corner of Merchant. On May 30, 1857, Haraszthy sold the Eureka Refinery (Later called the ëthe Gold and Silver Refinery described in the 1859 California State Register and Year Book of Facts, p. 303) located on the corner of Brannan and Harris, (which he opened just a few months earlier on March 14, 1857) to Justh & Hunter just prior to Hunters leaving the company. On March 31, 1859, Justh sold out his Marysville operations to Theall & Co. Later that spring Justh moved his remaining San Francisco branch again to 104 Montgomery St. opposite Wells Fargo & Co. He later leased the operation to Duncan, Sherman & Co., a well-known N.Y. banking firm, on March 1, 1860, with Justh continuing as assayer and Robert Burnett as cashier. This arrangement lasted until December of that year when Justh took over once again from Duncan, Sherman. During this timeframe S. (Sydney) M. Van Wyck had joined the firm. Five months later Justh sold out to Kellogg & Hewston. Later that year Justh left for New York where he became a stockbroker and banker. E. Justh died in Paris in December of 1883. References: Holabird-Kagin Americanas The Rush for Gold Catalog Summer 2008; California Coiners and Assayers by Dan Owens 2000; 1856 San Francisco Directory ñ Harris, Bogardus & Labatt, p. 69. Size: 10 x 4.25 inches. San Francisco California 1858