2061

Palace Hotel, San Francisco, CA Copper Key Fob (87111)

Currency:USD Category:Western Americana Start Price:100.00 USD Estimated At:200.00 - 350.00 USD
Palace Hotel, San Francisco, CA Copper Key Fob   (87111)
SOLD
100.00USDto c******1+ (25.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Jul 12 @ 08:46UTC-7 : PDT/MST
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Oval 2.5" polished copper key fob from this key San Francisco hotel. Very rare. "The original Palace Hotel was built by San Francisco banker and entrepreneur William Chapman Ralston, who heavily depended on his shaky banking empire to help finance the $5 million project. Although Ralston's Bank of California collapsed in late August 1875, and Ralston himself drowned in San Francisco Bay on the same day that he lost control of the institution, it did not interfere with the opening of the Palace Hotel two months later on October 2, 1875. Ralston's business partner in the project was U.S. Senator William Sharon, who had helped cause the collapse of the bank when he dumped his stock in the Comstock Lode. Sharon ended up in control of the hotel as well as both the bank and Ralston's debts, both of which he paid off at just pennies on the dollar. With 755 guest rooms, the original Palace Hotel (also known colloquially as the "Bonanza Inn") was at the time of its construction the largest hotel in the Western United States. At 120 feet (37 m) in height, the hotel was San Francisco's tallest building for over a decade." from wikipedia

Date:
State/Country: California
City/County: San Francisco