Lot 85
Belmont, August, Sr. and Jr.-- Rothschild Letters To a Defining Figure of America's Gilded Age. Belmont (1816-90) German-born American banker, diplomat, political leader, sportsman, and patron of the arts. He entered the banking house of the Rothschilds in Germany at the age of 14; in 1837 he moved to New York to serve as the American agent for the Rothschilds and laid the foundations for his own banking house, August Belmont & Company. At one time he was the richest man in America and owned the most expensive house, the Belmont Mansion on Fifth Avenue. He was also a horse breeder who founded the Belmont Stakes.
A group of nine letters with financial content from Nathaniel de Rothschild, all dated 1864, six from London and three from Paris. With six letters from August Belmont, Jr. (1853-1924) as a young boy to his parents, along with two report cards. He was also a banker and would finance the construction of the original New York subway (1900-1904). Estimate Value $300 - UP
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| Realized $2,100 |
