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Plea For A Mint in NYC & San Francisco, 1851 [196854]

Currency:USD Category:Coins & Paper Money Start Price:75.00 USD Estimated At:150.00 - 300.00 USD
Plea For A Mint in NYC & San Francisco, 1851 [196854]
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1851 speech of Mr. King of New Jersey on the branch mints, delivered in the House of Representatives. The bill is related to establishing a Branch Mint in NYC and a Branch Mint and Assayer's Office at San Francisco. "For the sake of argument, admitting that the Mint at Philadelphia can coin all that is necessary to supply the country, there will be no less necessity for the establishment of a Mint at New York. I will proceed to show that the cost of transporting the gold from NY to Philadelphia and back again, would amount in one to two years to such a sum as would be sufficient to purchase a site to erect a suitable building, and procure the necessary machinery for a Mint, of at least equal capacity as that of the Mint in Philadelphia". 8 folded pages. Foxing, pen writing with bleed thru. Also, 1845 House of representatives report on foreign bullion arriving in the port of NYC and the risk to transporting it to the mint in Philadelphia-.75" bottom tear.
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Provenance: Fred Weinberg Numismatic Ephemera Collection