Lot 1076
1860. PCGS graded Proof 64. CAC Approved. A scarcer date. Year of the famous Pony Express. Slightly muted mirrors, which is typical with this issue. Slight mark on the cheek. Housed in an Old Green Holder. Only 1,000 struck. Pop 56; 51 finer, 41 in 65, 10 in 66. (PCGS # 2253)
Operated in 1860 as a private venture, without subsidy, by W. H. Russell, Alex Majors and W. B. Waddell, the Pony Express carried tissue paper mail at speeds previously unknown between St. Joseph, Missouri and Sacramento, California in a hoped-for profitable venture to prove the feasibility of a central route to Pacific; the goal was also to secure United States government mail contracts. The Pony Express played vital part in holding California to Union at time of Civil War. Its performance was remarkable.Indian country comprised most of the 1,966 mile route of 190 stations, yet 80 riders and 400 horses made a total of 308 trips in 19 months with the loss of only one mail and one rider killed. Completion of the transcontinental telegraph brought an early end of service. Estimated Value $1,100 - 1,200
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| Realized $1,438 |
