NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2023 Jun 17 @ 08:00UTC-7 : PDT/MST
SHIPPING & HANDLING: The customer is responsible for all shipping and packaging charges. We offer shipping service as a convenience to our buyers. Items are not shipped until the invoice and shipping charges are completely paid. Shipping costs will be calculated and billed separately after your items have been paid for. Purchases will be shipped via our approved, insured carriers: FedEx, UPS, USPS or DHL. Pick up is available from our Reno office, once you have received your invoice post auction
Lot of 2. Possibly unique; extremely rare. 1) Memorandum of Gold Bullion Deposited in the Assay Office of Theall & Co. in Marysville, January 3rd, 1863 by I. Glazier & Bro. Notation at top says "Trittle(?) Ledge No. 1." Bullion weighed 10.73 Troy oz. after melting and was assayed to be 726 fine in gold valued at $161.03. The depositors, brothers Isaac and Simon Glazier, both born in Austria, immigrated to the United States and settled in Marysville, California in 1851. There, they opened the Old Corner Cigar Store, a business made profitable by supplying tobacco to miners. In 1862, the Glaziers relocated to San Francisco, where they joined William Seligsberg in a partnership on the San Francisco Stock Exchange. Blue print. 4.5 x 11.5" 2) Companion piece is a Wells Fargo & Co. Marysville letterhead with 1863 message from a Mr. Crockett to Alex. M. Hayden in Sacramento. Message discusses two bullion bars for the Glazier Bros.; one in house and one in Virginia City that will be brought here. At that point, Hayden can sign for them. 7 x 7.5" While Theall & Co. are perhaps best known for their Comstock office, these are great companion pieces. Theall opened a second assay office in Virginia City on the Comstock in 1863 and a third in Austin in 1864 to accommodate the Reese River Silver discovery.
Nevada Assayer Hiram W. Theall is yet another important New Yorker who came to California for the Gold Rush. Though not associated, he joined the list of John L. Moffat, Augustus Humbert and a line of others who were New York merchants that left New York for the land of gold. Theall's voyage to California was completely different than the others. He came west as a member of Stevenson's Regiment for the Mexican War (Co. D, First Regiment, New York Volunteers), arriving March 6, 1847. The company disbanded in the fall of 1848.
Theall was part of a fairly large New York family. Born about 1817 to 1824 (he continually changed his birth date in various public records), he ran his own brokerage business in New York City in the early 1840's as "H.W. Theall & Co." at 4 Wall Street. He was one of thirteen Thealls listed in Doggett's 1842 New York City Directory. Interestingly, Elias L. Theall was a druggist, another of the occupations that led some to become assayers in the West.
Theall may have had old friends in Virginia City in the early years of the Comstock. William W. Thayer was there, who was a druggist in New York City at the same time one of Theall's relatives was a druggist. Regardless of the various ties, Theall made a trip to the Comstock perhaps late in 1862 and liked what he saw. In 1863 he opened his first assay office in Nevada Territory. Watching how Harris opened offices in new mining camps such as Aurora, Theall then opened an office in Austin at the onset of the Reese River Rush, managed by his associate J. M. Dawley.
In the early days of the Comstock, to survive as an assayer, you had to have contracts with producing mines. Theall lived near the Savage Mining Company's office, and he probably had a contract with them. The Savage was producing bullion at a high level, so they used a number of assayers, checking the work of each, as well as checking the work of the custom mills that processed the ores. Another important association was with the banking industry. Gold Rush assayers often acted as banks. They bought and sold gold, converted gold to coin, and in this manner acted to assist in paying bills. As the banking industry developed through time in the West, the association of bank and assayer became critical. Theall became associated with Comstock bankers Paxton & Thornburgh. They rode that partnership to Austin, where Paxton & Thornburgh quickly became the main bank, and was the main bank for the largest silver producing company, the Manhattan Silver Mining Company.
Theall's Austin Assay Office had a succession of operators. Dawley was followed by John Ramdohr, then Eugene Riotte, then Soderling. In November, 1865, he sold the Austin office to Boalt & Stetefeldt.
In 1866 Theall remarried to Susan Matthews.
As the 1860's were coming to a close, mining was hitting hard times, and a general recession was well under way by late 1867. Theall sold his Virginia City office to W.C. Bousefield in February, 1868, the same month he sold the Marysville office. In an interesting business twist, he returned to his old, original business as a stock broker.
As Theall was settling into his brokerage business, another massive silver discovery was made in eastern Nevada. With it came the Rush to White Pine. Theall was tempted, and was off to Hamilton by late 1868. The White Pine Rush brought in 25,000 people by June 1869. Theall opened an assay office in Hamilton, the center of the region. Theall's second son Julian was born in Hamilton in early 1869. Active in local politics, Theall was elected as a Hamilton School Trustee in April, 1869.
In May, 1869, at the height of the White Pine activity, Theall suddenly died.
Date: 1863
Country (if not USA):
State: California
City: Marysville
Provenance:
Auction Location:
3555 Airway Drive Suite 309, Reno, Nevada, 89511, United States
Previewing Details:
Preview
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Nevada State Sales Tax
Taxes:
| Tax | Rate | Desc. |
| NSST |
8.375% |
Nevada Sales Tax |
| CSST |
7.25% |
California Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
25% |
Additional Fees:
Shipping Details:
SHIPPING & HANDLING: The customer is responsible for all shipping and packaging charges. We offer shipping service as a convenience to our buyers. Items are not shipped until the invoice and shipping charges are completely paid. Shipping costs will be calculated and billed separately after your items have been paid for. Purchases will be shipped via our approved, insured carriers: FedEx, UPS, USPS or DHL. Pick up is available from our Reno office, once you have received your invoice post auction, with 24 hours notice given to HWAC prior to pick-up.
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TERMS AND CONDITIONS
This is a Live Auction conducted by Holabird Western Americana Collections, LLC (HWAC).
1. The placing of a bid shall constitute the bidder’s acceptance of these terms of sale.
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3. COINS, CURRENCY AND PRECIOUS METALS, Insurance. The buyer’s commission for this section is 20.5%. Coins and currency shall be defined as any regular Federal issue circulating coins and currency. Tokens are not considered coins. Precious metals shall be defined as ingots, silver or gold rounds, bullion items and gold nuggets. Mineral specimens are not considered under the precious metals category. Commemorative items such as metals and ribbons are not considered coins of precious metals. However, lots that consist entirely of gold or silver of high purity, including commemorative metals, are considered precious metals. Please contact our office if you need clarification on a specific lot.
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5. SHIPPING & HANDLING: The customer is responsible for all shipping and packaging charges. We offer shipping service as a convenience to our buyers. Items are not shipped until the invoice and shipping charges are completely paid. Shipping costs will be calculated and billed separately after your items have been paid for. Purchases will be shipped via our approved, insured carriers: FedEx, UPS, USPS or DHL. Pick up is available from our Reno office, once you have received your invoice post auction, with 24 hours notice given to HWAC prior to pick-up.
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BE ADVISED: Auction participation through the live Internet bidding site is not 100% foolproof. The technology for this process is always changing, and the operation of it and the corresponding Internet connectivity issues are far beyond our control. Some folks have attempted to use the live Internet bidding process as their primary method of bidding, and have been quite successful. Others have failed completely. Depending upon your computer, server, host, and other factors, Internet signals may be delayed, such that bids may not be received in time. We cannot be held responsible for these delays, or for the lack of placed bids in a timely manner, or any other factors leading to unaccepted bids that are far beyond our control. Bidders should always have a backup plan for lots they highly desire. Live participation is best, followed by phone participation. We will not reopen lots for missed bids.
12. RESERVES: Most of the lots in this auction are unreserved. Precious metals may be reserved at or near or slightly below spot, at the auctioneer's discretion.
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17. All stock certificates, checks, warrants, and other financial documents sold herein are sold as antiquities, and have no financial, securities, or public trading value whatsoever.
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23. CONDITION: We strongly recommend that you attend the live preview to see lots in their entirety. Conditions are not always noted, and large lots may not be itemized due to catalog restraints. For questions, detailed information, or additional images of any lot please contact our office at 775-851-1859. Bidders are responsible for understanding the condition of items. Conditions noted are subjective, and may differ person to person. High resolution images of all items are available online for inspection. HWAC is not responsible for condition discrepancies; it is the bidders responsibility to determine condition prior to bidding.
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25. This sale is being held under the laws of the State of Nevada.
26. HWAC shall not be held responsible for any problem due to the bidder’s failure to follow the rules, terms and conditions of this sale, or any failure to bid due to the loss of the online auction process provided by any of the online auction networks; or missed bids, changed bids or cancelled due the bidder’s failure to follow the proper bidding procedure outlined herein.
27. By placing a bid or otherwise participating in the auction, Bidder accepts these Terms and Conditions, and specifically agrees to the dispute resolution provided herein.
28. HWAC shall not be responsible for consequential damages, incidental damages, compensatory damages, or any other damages arising or claimed to be arising from the auction on any lot. Bidder’s sole remedy for any proven act or omission shall be rescission of sale and refund of the amount paid by Bidder.
29. Any claim, dispute, or controversy in connection with, relating to and/or arising out of the Auction, participation in the Auction, award of lots, damages of claims to lots, descriptions, condition reports, provenance, estimates, return and warranty rights, any interpretation of these Terms and Conditions, any alleged verbal modification of these Terms and Conditions and/or any purported settlement shall be exclusively heard by, and the parties consent to exclusive in personal jurisdiction of, the Superior Court of Washoe County, Nevada. The parties expressly waive any right to trial by jury. Any claim must be brought within one (1) year of the auction from which the claim arose or the claim is waived. In every case, the prevailing party shall be entitled to an award of its attorney’s fees and costs.