LOT #30252 |
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Early Oil-Related Letter Postmarked Titusville, Pennsylvania, Autograph Letter Signed, "Calvin Morse, two pages, 7.25" ... (Total: 1 Item)
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Sold on Oct 25, 2007 for:
$717.00
Bid Source: Live: Phone bidder
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Description
Early Oil-Related Letter Postmarked Titusville, Pennsylvania, Autograph Letter Signed, "Calvin Morse, two pages, 7.25" x 12", Oil Creek, Pennsylvania, September 29, 1861, to Gardiner Morse, Eaton, New York. It reads in small part, "...I wrote you from Titusville - I sold 1000 Blls of oil while there for 90 cents per bll...there is none too much oil...Oil will be higher when the weather gets cold. Now large wells are opened every day both above and below us. They are obliged to sell for what they can get...I have strong faith it will come out right yet...". The letter is accompanied by its original envelope bearing the Titusville postmark, Fine condition. Titusville can be considered the birthplace of the modern oil industry. In 1859 it was the site of the first successful oil well in the United States and grew into a typical boom town during the 1860s. This letter recounts the earliest days of an industry that remains the backbone of the nation's economy.Auction Info
2007 October Grand Format Rare Books & Manuscripts Auction #675 (go to Auction Home page)
Auction Dates
October, 2007
25th-26th
Thursday-Friday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 1,220
Buyer's Premium per Lot:
19.5% of the successful bid per lot.
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