(CALIFORNIA GOLD RUSH) Autograph Letter Signed from L B Vale

Sale 2021 - Lot 48

Price Realized: $ 540

?Final Price Realized includes Buyer’s Premium added to Hammer Price

Estimate: $ 100 - $ 150

(CALIFORNIA GOLD RUSH.) Autograph Letter Signed, from L. B. Valentine to her sister, describing their brother's (?) return with $23,000 worth of gold dust and his experiences in California. 3 pages, folded 4to sheet, blue paper; usual folds, minor spotting. New Orleans, 22 January 1850

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". . . The speculation has turned out very well and they will something more than double their investment when it shall all be settled . . . He thinks he has seen enough of California to last a life-time . . . Bradford was at Sacramento had five or six hundred dollars worth of gold dust and said that he could dig a plenty more when the water fell but the labor was almost entirely suspended for the winter and the diggers were flocking to the cities by thousands . . . John and Richard are making a good deal of money buying gold dust and having it coined . . ."