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Kellogg & Humbert - Gold Receipt, rec'd from Hardy & Kennedy [169232]

Currency:USD Category:Coins & Paper Money / Ingots Start Price:75.00 USD Estimated At:150.00 - 250.00 USD
Kellogg & Humbert - Gold Receipt, rec'd from Hardy & Kennedy  [169232]
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Kellogg & Humberts Assay Office, San Francisco, CA, June 23, 1858, No.1842 Memorandum of Gold Bullion deposited by Hardy & Kennedy, Forrest Hill merchants, (William H. Hardy & Samuel S, Kennedy, Reference Placer County Directory 1861). This certificate is an example of some of the great rarities that were produced by the Hardy & Kennedy archive of Forrest hill during the latter part of the gold rush. This receipt was printed with black ink on buff colored paper. Printer not identified. Weight before melting 121.00oz, after melting 117.06oz, Fineness .879, Net value after all fees and other costs $2124.42. Weight before melting 132.60oz, after melting 131.88oz, Fineness .877, Net value after all fees and other costs $2,381.69. Fine to Very Fine condition - typical folds and light foxing, R5. SG-10 6-08-09 P-750. Similar to but earlier than item #339 Holabird-Kagin Americanas The Rush for Gold Catalog Summer 2008. Kellogg & Humbert Bullion Receipts: Most of the Kellogg & Humbert bullion receipts that survive today do so courtesy of the Hardy & Kennedy archive of Forest Hill, California Hardy & Kennedy were major merchants in that central Mother Lode mining camp located a few miles from Auburn in Placer County. They are collectible today, particularly to collectors of S.S. Central America gold ingots and coins because hundreds of gold ingots bearing their name were salvaged from the wreck, which sank in 1857. Much has been written on the firm, one of the leading gold dealers, assayers, and coiners during the early gold rush period in San Francisco. Kellogg was originally in partnership with Hewston from 1854 to 55 and was part of the Kellogg & Humbert firm from 1855 to 60, which reverted again to Kellogg, Hewston & Company from 1860 to 1866. The majority, if not all, of the Hardy & Kennedy archive postdates the S.S. Central America wreck, which occurred in the fall of 1857. Pre-October 1857 bullion receipts from this firm are Extremely Rare (R7). Bullion receipts from Kellogg & Humbert come in two forms. 1) a plain form and 2) a form with a vignette of their building located at 108 Montgomery Street in San Francisco at the left margin. The second form was used in direct response to other assaying firms copying Kellogg & Humbert's form. A broadside described elsewhere in the catalog explains it more thoroughly. There are about 100 Kellogg & Humbert bullion receipts in existence, which include both of these varieties, which are of approximate equal rarity, R5s (31 to 75). While this is easily the most common gold rush bullion receipt, there are not enough to satisfy collectors of the gold ingots because there are more ingots known than bullion receipt. Original bullion receipts for ingots that were on the S.S. Central America would not have survived from the Hardy & Kennedy archive because they would have been submitted to an insurance company for payment after the gold was lost at sea. To date, no original records from insurance companies regarding this wreck have been located. Size: 10.375 x 5 inches. San Francisco California 1858