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    Description

    Charles Goodyear Signed Check Issued to and Endorsed by Asa Whitney
    This May 25, 1860 check in the amount of $16.00 is drawn on the Bank of the Metropolis in Washington, D.C. and is clearly signed by Charles Goodyear less than two months prior to his death. Throughout his life Goodyear spent countless hours and numerous investors' dollars in pursuit of the development of rubber. Financial reverses and stints in debtors' prison failed to deter him from reaching his eventual goal of devising a commercially feasible process for producing rubber. Although he did reach this scientific goal, Goodyear himself never harvested the commercial rewards of his genius and died with an estate $200,000 in debt.
    Asa Whitney, to whom the check is payable and endorses on the back, was a merchant and railroad promoter. He gained his initial wealth as a merchant in China and envisioned a transcontinental railroad to foster trade with the Orient. A Very Fine example of a financial document associating two historically significant individuals.


    Auction Info

    Auction Dates
    August, 2003
    15th Friday
    Internet/Mail Bids: 6
    Lot Tracking Activity: N/A
    Page Views: 240

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