Auction: 326 - The Numismatic Collector's Series Sale
Lot: 1226
Corcoran, William Wilson (1798-1888). American banker, philanthropist, and art collector. ALS. 1 page. 8vo. Washington, May 17, 1848. To Riggs. Regarding a shipment of $20,000 in notes. Corcoran also mentions the Treaty of Guadalupe-Hidalgo. Corcoran took control of a large amount of real estate from his father (who was Mayor of Washington , D.C.) in 1828. In 1837, he established a brokerage firm which became very successful and soon entered into partnership with George W. Riggs. Corcoran and Riggs did well, and in 1845 bought the United States Bank. Corcoran later retired with an immense fortune and devoted himself to philanthropy and art. Also included is another letter, dated 1886, from Corcoran to John Sherman. From the collection of John Herzog.
Estimate
$100 to $150