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Auction archive: Lot number 79

The Unlimited Coinage of Gold and Silver Essential to the Prosperity of the United States: Address Delivered by Hon. N.P. Hill, of Colorado, before the Sound Money Convention of Commercial Organizations at Washington, D.C., September 12, 1893

Estimate
US$600 - US$900
Price realised:
n. a.
Auction archive: Lot number 79

The Unlimited Coinage of Gold and Silver Essential to the Prosperity of the United States: Address Delivered by Hon. N.P. Hill, of Colorado, before the Sound Money Convention of Commercial Organizations at Washington, D.C., September 12, 1893

Estimate
US$600 - US$900
Price realised:
n. a.
Beschreibung:

The Unlimited Coinage of Gold and Silver Essential to the Prosperity of the United States: Address Delivered by Hon. N.P. Hill, of Colorado, before the Sound Money Convention of Commercial Organizations at Washington, D.C., September 12, 1893 Author: Hill, Nathaniel P. Place: No place Publisher: No publisher Date: 1893 Description: 16 pp. 20.8x14.5 cm (8¼x5¾"), original printed wrappers. OCLC lists five copies, two of them, like this one, with no publisher or place of publication indicated; three of them with imprint "Denver, Colo.: Money in a Nut Shell Pub. Co." The two copies without imprint are at the Wisconsin Historical Society Library and the University of Alberta; the three with imprint are at the Denver Public Library, Harvard University, and the Rutherford B. Hayes Presidential Center. Nathaniel Hill a young chemistry professor at Brown University in Providence, Rhode Island, first visited Colorado in 1864, and later he lived in Black Hawk, where he bought Golan and silver mines. Hill built the first successful smelter in the Rocky Mountains at Black Hawk, Colorado, in 1867. He introduced European smelting methods to the Rocky Mountains and revived the Colorado mining industry. With these results in hand, Nathaniel Hill and four other investors organized the Boston and Colorado Smelting Company, naming Hill as General Manager. Black Hawk was selected as the smelter site. Nathaniel Hill served as Mayor of Black Hawk (1872-1873) and was elected to the United States Senate (1879-1885). Hill researched methods for milling metals in Europe and began living permanently in Colorado in 1876. After serving in the Senate, Hill became president of the Colorado Smelting and Refining Company, Denargo Land Company, and owner of the Denver Republican. "The Unlimited Coinage of Gold and Silver…" is extremely important work. Hill was one of the biggest supporter of the unlimited gold and silver coinage. After 1873, the market price of silver began to drop, and on February 5,1876, San Francisco wholesalers in gold-producing California would accept silver only “at the ruling rate of discount”. Thereafter, on July 22, Congress decreed, “the trade dollar shall not hereafter be a legal tender”. The fight for the silver and gold coinage lasted for decades. Botj Nevada and Colorado sent millionaire silver mine owners to the U.S. Senate, Colorado's being N. P. Hill and S. Guggenheim. It was in 1900 that Republican William McKinley officially put the United States on the gold standard. Lot Amendments Condition: A bit of sunning to wrappers, very good or better condition. Item number: 321126a

Auction archive: Lot number 79
Auction:
Datum:
5 Nov 2020
Auction house:
PBA Galleries
1233 Sutter Street
San Francisco, CA 94109
United States
pba@pbagalleries.com
+1 (0)415 9892665
+1 (0)415 9891664
Beschreibung:

The Unlimited Coinage of Gold and Silver Essential to the Prosperity of the United States: Address Delivered by Hon. N.P. Hill, of Colorado, before the Sound Money Convention of Commercial Organizations at Washington, D.C., September 12, 1893 Author: Hill, Nathaniel P. Place: No place Publisher: No publisher Date: 1893 Description: 16 pp. 20.8x14.5 cm (8¼x5¾"), original printed wrappers. OCLC lists five copies, two of them, like this one, with no publisher or place of publication indicated; three of them with imprint "Denver, Colo.: Money in a Nut Shell Pub. Co." The two copies without imprint are at the Wisconsin Historical Society Library and the University of Alberta; the three with imprint are at the Denver Public Library, Harvard University, and the Rutherford B. Hayes Presidential Center. Nathaniel Hill a young chemistry professor at Brown University in Providence, Rhode Island, first visited Colorado in 1864, and later he lived in Black Hawk, where he bought Golan and silver mines. Hill built the first successful smelter in the Rocky Mountains at Black Hawk, Colorado, in 1867. He introduced European smelting methods to the Rocky Mountains and revived the Colorado mining industry. With these results in hand, Nathaniel Hill and four other investors organized the Boston and Colorado Smelting Company, naming Hill as General Manager. Black Hawk was selected as the smelter site. Nathaniel Hill served as Mayor of Black Hawk (1872-1873) and was elected to the United States Senate (1879-1885). Hill researched methods for milling metals in Europe and began living permanently in Colorado in 1876. After serving in the Senate, Hill became president of the Colorado Smelting and Refining Company, Denargo Land Company, and owner of the Denver Republican. "The Unlimited Coinage of Gold and Silver…" is extremely important work. Hill was one of the biggest supporter of the unlimited gold and silver coinage. After 1873, the market price of silver began to drop, and on February 5,1876, San Francisco wholesalers in gold-producing California would accept silver only “at the ruling rate of discount”. Thereafter, on July 22, Congress decreed, “the trade dollar shall not hereafter be a legal tender”. The fight for the silver and gold coinage lasted for decades. Botj Nevada and Colorado sent millionaire silver mine owners to the U.S. Senate, Colorado's being N. P. Hill and S. Guggenheim. It was in 1900 that Republican William McKinley officially put the United States on the gold standard. Lot Amendments Condition: A bit of sunning to wrappers, very good or better condition. Item number: 321126a

Auction archive: Lot number 79
Auction:
Datum:
5 Nov 2020
Auction house:
PBA Galleries
1233 Sutter Street
San Francisco, CA 94109
United States
pba@pbagalleries.com
+1 (0)415 9892665
+1 (0)415 9891664
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