2215

California. San Francisco. J.G. Kellogg. Gold bullion assay receipt, November 11, 1854.

Currency:USD Category:Coins & Paper Money Start Price:660.00 USD Estimated At:2,000.00 - 3,000.00 USD
California. San Francisco. J.G. Kellogg. Gold bullion assay receipt, November 11, 1854.
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This item SOLD at 2017 Sep 19 @ 17:07UTC-7 : PDT/MST
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Black ink on pale blue paper. 5 x 8.5". An extremely rare form, one of just three known from the brief period of Kellogg's solo business after Kellogg and Richter but before both Kellogg and Humbert and Kellogg and Hewston. Kellogg worked alone only for several months in late 1854, and it is doubtful many more will come to light -they began rare and are clearly much rarer after 150 years of passing time. These were contemporary with the issuance of Kellogg's 1854 pioneer gold coins, making this a highly important associative piece. Indeed, it is likely that the 1751 dwt of .923 fine gold dust that was received by this form became raw stock for Kellogg's coins.
This piece is in generally fine condition. We note some folds, a pair of pinholes where the recipient (the banking house of Adams & Co.) is noted at top right, and two small internal tears at the left margin where this was likely attached to another piece of paper. Somehow, a tiny docketing slip that was once pinned to the larger receipt has survived. It measures roughly 4 1/5 x l ¼ and bears the inked inscription "For assay a/ c / G M. Davidson / Marysville /91 8/20 / $1554" and an additional pencil note "#3881," the same serial number as the receipt. From the inscriptions on the back of the receipt, we can see that Davidson was advanced $1554 against his deposit ("adv. AmI. 1554"). Multiply times rarer than Kellogg's
$20 coins, dozens of times rarer than the Kellogg and Humbert ingots from the S.S. Central America, this and the Moffat & Co. receipt stand as perhaps the highlights from this impressive offering of assay receipts.
Ex: John J. Ford, Jr. Collection, Part XX, October
2007, Lot 3348, Stacks 7/09:1185