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CYRUS W. FIELD, First Atlantic Telegraph Cable Founder Signed Letter
Currency:USD
Category:Collectibles / Autographs
Start Price:220.00 USD
Estimated At:300.00 - 400.00 USD
SOLD
280.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2017 Oct 21 @ 09:37UTC-7 : PDT/MST
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Autographs
Atlantic Telegraph Founder “Cyrus W. Field” Signed Letter
CYRUS W. FIELD (1819 – 1892). American Businessman and Financier who led the Atlantic Telegraph Company, the company that successfully laid the First Telegraph Cable across the Atlantic Ocean in 1858.
December 6, 1872-Dated Autograph Letter Signed, “Cyrus W. Field” addressed to a "Dr. Green", dated from 1872, 1 page, measuring 5.5” x 8.25" Choice Extremely Fine. This letter is in regards to his being unavailable for a meeting due to a a prior engagement. The bold “Cyrus W. Field” Signature upon clean bright period paper that is extremely attractive and vivid for display.
Cyrus West Field (1819 – 1892), was an American businessman and financier who led the Atlantic Telegraph Company, the company that successfully laid the first telegraph cable across the Atlantic Ocean in 1858. The cable broke down three weeks afterward.
Field's activities brought him into contact with a number of prominent persons on both sides of the Atlantic – including William Ewart Gladstone, the British Chancellor of the Exchequer (Finance Minister). Field's communications with Gladstone would become important in the middle of the American Civil War, when three letters he received from Gladstone between November 27, 1862 and December 9, 1862 caused a furor, because Gladstone appeared to express support of the secessionist southern states in forming the Confederate States of America.
In 1866, Field laid a new, more durable trans-Atlantic cable which provided almost instant communication across the Atlantic. On his return to Newfoundland, he grappled the cable he had attempted to lay the previous year and which had parted in mid-ocean, reattached it to new wire, thus allowing for a second, backup wire for communication. In December 1884, the Canadian Pacific Railway named the community of Field, British Columbia, Canada in his honor. Bad investments left Field bankrupt at the end of his life.
Auction Location:
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Taxes:
| Tax | Rate | Desc. |
| CST |
8.25% |
California |
| SST |
8.75% |
San Diego County |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
25% |
Additional Fees:
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Early American History Auctions - Terms & Conditions of Sale
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BIDDER EXPRESSLY WAIVES AND RELEASES, AND FOREVER DISCHARGES EAHA FROM ANY AND ALL CLAIMS, RIGHTS, DEMANDS AND CAUSE(S) OF ACTIONS AND SUIT(S), OF WHATEVER KIND OR NATURE, INCLUDING, BUT NOT LIMITED TO, CLAIM(S) BASED UPON AUCTIONEER'S NEGLIGENCE, WHETHER IN LAW OR EQUITY OR WHETHER KNOWN OR UNKNOWN, SUSPECTED OR UNSUSPECTED, WHICH BIDDER MAY CLAIM TO HAVE WITH RESPECT TO AND/OR ARISING OUT OF, OR IN CONNECTION WITH ANY CHALLENGE TO ANY MERCHANDISE PURCHASED AT THE AUCTION, THE AUCTION PROCEDURES, OR THE PURCHASE OF ANY LOT(S); IT BEING THE INTENTION THAT THIS WAIVER AND RELEASE SHALL BE EFFECTIVE AS A BAR TO EACH AND EVERY CLAIM, DEMAND, CAUSE OF ACTION AND/OR SUIT OR CONTROVERSY THAT MAY ARISE HEREUNDER OR BE RELATED TO THE AUCTION
ALL BIDDER(S) BY SUBMITTING A BID IN ANY FASHION, SIGNED OR UNSIGNED, IN THE AUCTION KNOWINGLY AND VOLUNTARILY WAIVE ANY AND ALL RIGHTS AND BENEFITS OTHERWISE CONFERRED UPON THE BIDDER BY LAW OR BY THE PROVISION(S) OF SECTION 1542 OF THE CALIFORNIA CIVIL CODE, WHICH READS IN FULL AS FOLLOWS:
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12. Definitions
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o. The term "Fair Market Value" shall mean the sale price a given Lot is expected by the Cataloguer to realize at the Auction from the Bidder(s).
p. The term "Hammer Price" shall mean the successful Bid in the Auction as determined by the Auctioneer on the Auction Date.
q. The term "Holder" shall mean the original frame, container, case or clear plastic sleeve, labeled with the "Lot" number, in which the "Merchandise" is delivered by the Consignor to the successful Bidder at an Auction.
r. The term "Lot(s)" shall mean the article(s) comprising the Merchandise offered for sale at the Auction.
s. The term "Low Estimate" shall mean the low range of the sale price that a Lot is expected by the Cataloguer to realize at the Auction.
t. The term "Merchandise" shall mean personal property described in the Catalog and offered for sale by Lot at the Auction.
u. The term "Purchaser" shall mean the successful Bidder at the Auction on the Auction Date.
v. The term "Purchaser's Premium" shall mean the commission that is automatically charged by "EAHA" to each successful Bidder at the Auction in a sum equal to twenty percent (20%) of the "Hammer Price" or twenty-five percent (25%) of the "Hammer Price" if bids are placed through a third party firm including Invaluable, LiveAuctioneers and iCollector.
w. The term "Reserve" is a confidential price below which the Auctioneer will not sell a given Lot, and/or will re-purchase on behalf of the Consignor or EAHA.
x. The term "Settlement Date" shall mean a time forty-five (45) days after the Auction Date.