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Two Different John Sime & Co. Exchanges, San Francisco, 1860s

Currency:USD Category:Coins & Paper Money / Exonumia Start Price:120.00 USD Estimated At:240.00 - 350.00 USD
Two Different John Sime & Co. Exchanges, San Francisco, 1860s
SOLD
105.00USD+ (26.25) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Mar 26 @ 12:23UTC-7 : PDT/MST
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Both are Second of Exchange. 1) No. 654, issued Dec. 22nd, 1864 to C. & G.C. Winchester for $1,451.45 in gold coin. $3.00 red California State Tax stamp attached upper left and blue 2 cent IR attached upper right. Folds, some soiling. 2) Pictorial second of exchange featuring a locomotive vignette. Issued Dec. 4, 186_ to O. Herlin for $6,024.09 in U.S. Currency. Orange 2 cent IR stamp attached lower left. Deep folds, stains, toning. Both signed John Sime Co. Sime came to California in 1849 during the Gold Rush. He began work in carpentering, and opened his banking house in 1856-57. He was very successful and invested in other industries such as the powder mills at Santa Cruz, woolen mills, and rope-walk. He died in 1871 at the age of 54 from something brain-related. After his death, there was a run on his bank that also caused the failing of BF Hastings & Co. bankers in Sacramento (Hastings was Sime's partner). Sime & Co. failed for over $200,000, according to Daily Alta California articles from November, 1871. (Potter Collection) Date: Location: San Francisco, California HWAC# 59179