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Lot #159
John Jacob Astor

Early financial letter from the Astor patriarch

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Description

Early financial letter from the Astor patriarch

Patriarch of the fabled Astor family (1763–1848) of American businessmen, who, through lucrative dealings in fur, real estate, and opium, became the first millionaire in the United States. ALS, one page, 7.75 x 9.75, September 19, 1803. Letter to G. W. Van Schaick in Albany. In full: “This will be handed to you by my particular friend attorney Hallawell to whom I had to pay a considerably sum of money here and thinking it of no disadvantage to your Bank. I advised him to take your notes which will save trouble and I was the more ready to give him this advise on account of being well assured of your civil & accomadating disposition in giving such money as may be most agreeable to him by which you will also confer a favor on.” Separated second integral page bears an address panel in an unknown hand as well as a docketing notation. In very good condition, with intersecting folds, a couple lightly passing through signature, uniform toning to front of letter, and two circular spots of toning to back from wax seal. By 1800, Astor had amassed a fortune of almost a quarter of a million dollars trading furs and sandalwood in China. Pre-certified PSA/DNA and RR Auction COA.

Auction Info

  • Auction Title:
  • Dates: #387 - Ended May 16, 2012





This item is Pre-Certified by PSA/DNA
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