3150

S. Molitor Assay Receipt, San Francisco- 1863, CTH Palmer, Wells Fargo Agt. Folsom

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:75.00 USD Estimated At:150.00 - 300.00 USD
S. Molitor Assay Receipt, San Francisco- 1863, CTH Palmer, Wells Fargo Agt. Folsom
SOLD
80.00USD+ (20.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Oct 20 @ 10:23UTC-7 : PDT/MST
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Deposit from CTH Palmer, Wells Fargo agent in Folsom. He is depositing Folsom-area gold. This 1863 deposit is 35.46 ounces worth $649.64. Charles T.H. Palmer was a California Gold Rush pioneer who established many businesses (banking, assay, etc.) in the Folsom area, as well as served as Sacramento's first school teacher. Molitor previously worked with Wass as a private coin firm during the California Gold Rush. Here, Palmer (Wells Fargo) is taking in a gold bar for payment, having Molitor melt it (which is why the weight before and after melting is essentially the same), and then Molitor will pay Palmer. City: San Francisco State: California Date: HWAC# 79071