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1845 Letter Signed by Financier RUSSELL SAGE

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Autographs

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Handwritten Letter Signed by Financier Russell Sage

RUSSELL SAGE, Financier and Speculator, Credited as the Originator of Stock Market Options.
May 22, 1845, Autographed Letter Signed, "Russell Sage," 1 page plus integral address page, 10" x 8," with 2 private postal handstamps, Very Good to Fine. This Russell Sage business letter, written at Troy, N.Y. on blue paper, is addressed to Charles M. Connelly in New York City. Sage's clear signature completes the brief message. The address page has a red oval handstamp reading, "Forwarded by Brainard & Co. from Troy" and a red rectangular handstamp reading, "Collect Six Cents for Hale & Co." This letter is complete and quite presentable, though it has a damp stain across the center of both pages. A small triangular piece has been cut out of the margin of the address page (not affecting any content) where the wax seal tore away. At the time this letter was written, Sage was a wholesale merchant in Troy. Later he would become a U.S. Congressman and through association with Jay Gould, would become much wealthier. An important autograph in American Business.

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