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SSCA: U.S. Branch Mint SF Receipt, 1854 1854 [173252]

Currency:USD Category:Collectibles Start Price:2,500.00 USD Estimated At:5,000.00 - 9,000.00 USD
SSCA: U.S. Branch Mint SF Receipt, 1854  1854  [173252]

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Exceptional! No. 3853 "Mint Receipt Received from Adams & Co. a Deposit of Gold Bullion for Coinage." dated San Francisco, Oct. 5th, 1854. Printer Evans, South Fourth St. Philadelphia, and measures 8 x 4 1/4 inches, printed on buff colored paper in red ink. The weight of the gold deposited was 14.50 oz. The receipt was signed by John C. Mitchell for the Treasurer. There is a wonderful little vignette of an American Bald Eagle standing on a shield adorned with flag-like stars and stripes and leaning against a cornucopia with sailing ships in the distant background. One of only two known to us to be held in private hands. Extra Fine condition, R 8. The SF Branch Mint opened April 3, 1854. This receipt was issued a scant five months after opening, about the time the Mint was getting into full operational mode. That first year they only produced $4 million in coins, but soon got rolling into far greater production. This is an exceptional piece worthy of the finest gold collection Both of the two known 1854 receipts were from October 5, 1854. San Francisco California Franklin Collection