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Two Different S. Molitor & Co. Assay Receipts, 1860 & 1863

Currency:USD Category:Collectibles / Mining Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Two Different S. Molitor & Co. Assay Receipts, 1860 & 1863
SOLD
350.00USDto s****c+ buyer's premium (87.50)
This item SOLD at 2018 May 07 @ 12:34UTC-7 : PDT/MST
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Both are for deposits from CTH Palmer, Wells Fargo agent in Folsom. He is depositing Folsom-area gold. The 1860 deposit is 251 ounces, .896 fineness, worth $4,552.54. The 1863 deposit is 68.47 ounces, .928 fineness, worth $1,312.24. 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. HWAC# 60067 Date: Location: San Francisco, California