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    Description

    California Gold Rush Banking Document. Barton Lee and his partners opened a banking house in Sacramento, California in the Spring of 1849. Lee's bank occupied the first wood frame building in Sacramento. By the end of 1849, Lee's real estate holdings were the largest in town. He leveraged the property at inflated values and in August of 1850, his bankruptcy left depositors holding his worthless promissory notes. The present 6" x 3.75" blue paper certificate for $1,500 was issued on July 17, 1850 to J. C. Crachman. A manuscript notation on the back side transfers it to B. C. Whiting.

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    Auction Dates
    May, 2011
    21st Saturday
    Bids + Registered Phone Bidders: 0
    Lot Tracking Activity: N/A
    Page Views: 806

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