How to Sell Your Herbert Hoover Autograph
To auction, sell or consign your Herbert Hoover autograph, please email your description and photos to [email protected] of Nate D. Sanders Auctions (http://www.NateDSanders.com).
Here are some Herbert Hoover autographs we sold:
Herbert Hoover autograph letter signed, dated Christmas 1951 on his personal stationery. Addressed to Esther Anthony, wife of Edward Anthony, Hoover’s publicity manager during his successful presidential campaign. Written in turquoise-colored ink, letter reads: ”My dear Mrs. Anthony — Finding useful gimmicks for ones friends is difficult when they already have everything from kitchen stoves to jewelry. You no doubt have just ordinary carbon diamonds. This is a titanium diamond and has greater brilliance – ‘more refraction’ – than your old lot. My purpose in sending it is (a) Sentiment. (b) Your jeweler can take out one of your ordinary stones and put this in its place. (c) Then you can pawn the ordinary one with dignity. Merry Christmas / Herbert Hoover. P.T.O. [Please Turn Over]”. With a postscript to verso, ”P.S. Don’t try to pawn this one. The marks on the bottom are carets [sic] not price.” 2pp. letter on a single sheet is signed on the first page with the postscript written on verso. Measures 7.25” x 10.5”. Near fine. Sold for $1,875.
Exceptional autograph letter signed by Herbert Hoover regarding speculation in the stock market, before he presided as President over the 1929 stock market crash that led to the Great Depression. In addition to regretting a speculative investment, Hoover writes in this letter that U.K. securities are the lowest they’ve been since the ”Battle of Waterloo” and that he’s rarely been successful in stock market speculation. Hoover writes to his business partner W.J. Loring, an investor in the company Bewick, Moreing & Co., where Hoover was a partner. Composed on company letterhead, circa 1906, Hoover writes in part, ”My dear Loring, As to your private note re my remarks…Possibly I get too pessamistic [sic] on this business at times – Being as I was not nervous & constituted to stand the strain of it many years at this end. – The losses I spoke of were an additional [pound] 15000…which I had not expected and which could have been compromised when I left for Australia for [pound] 4000 but simply by neglect was allowed to run on…because no one was here to attend to matters – I sympathize with you on speculation matters; I cannot say I have ever made anything consequential that way and in the long run do not believe it is worth while – The Eureka is a hard bump, I am more to blame than anyone else as I should have had enough sense not to gamble on untried processes with our own money. The Block Range issue is apparently going to be a failure; of the 90000 shares issued to the shareholders…only 10000 or 12000 are going to be taken – this does not effect our interest more than to [?] the hope of immediately clearing up the profit in cash. We have tenatively [sic] sold 5000 at par which I hope will go through. Our staff members are foolish to [?] stuff a par when there are thousands on sale at that price. Markets are worse here than for many years. Consols are within one point of the lowest since the Battle of Waterloo – Deep Leads are our great hope these days – and we shall no doubt see what happens shortly; If they come off we shall all be in clover; if they fail we will need [to] keep battling on a long time yet. Don’t get worried if I pass a kick onto you occasionally; I always do it with the mental reservation that you did better than I could have done in the same circumstances…comfort yourself that I only pass on 1% of the kicks I get!! My wife has gone to the States for two months; I shall not leave here until we know what has happened in the Deep L – as I feel that I must be here to see that the finances of that business are properly organized. We will need [to] finance at least 10 companies and I want to see that they get [pound] 125000 to [pound] 150000 each provided while the fever is on – if it comes. Such a group would be very comfortable bases of business during the next few years and enable us to do way with some worries…I think we know enough now to provide against many of the ‘bumps’. Kind regards to Mrs. L – Your faithfully, HCH.” Three-plus page letter on two sheets measures 8.25” x 10.25”. Folds and punch holes at left, otherwise near fine condition. A prescient letter by the future depression-era President. Sold for $750.
Herbert Hoover autograph letter signed, with interesting personal content during his time as a partner at the mining company of Bewick, Moreing, circa 1905 when Hoover was in his 30s. Hoover writes to investor W.J. Loring about the problems at the firm, his financial prospects and also wanting to buy a house in New York, since ”sooner or later the worlds finance (and therefore mining) is going to be centered there.” Hoover writes in full, ”Mr dear Loring – I’m very glad to tell you that the Black Range shares were over subscribed at the last moment and I put through an arrangement by which the over subscriptions are to [be] taken from our shares – We are not certain of the exact amount yet nor of the exact number coming to us until the May accounts have been received from the mine. The approximate that we are entitled to 15000 of these about 12000 are taken down the Eureka hole I fear. I am going to New York for a vacation of a month – August – also I have some negotiation over there about a Mexican mine. Glad to see Borrowe on the Perseverate. I wish someone would steal Aarons – As you know I have been long dissatisfied with my position, not so much because of the work & worry but because I haven’t the Constitutional make up for long continued office application. Sooner or later it has to change – so the doctor says – or I will never see 40. It has given me any amount of mental exercise and I have concluded that the way out is that you should break in a man to Eastern Australia like [John Alexander] Agnew in the West – and take over London 6 months of the year. It is hopeless to expect the application from [C.A.] Moreing – that will make this firm a success; he is too rich. [?] is allright as a superior Nicholas or Sheard. If he then is going to go and go as permanent [?] you and I have to cover our subscriptions & I am negotiating to sell a block of 5000 of which all ours will come in & the balance from the Company. I am not sure that we will get cash at once – probably we will on the 12000 have to wait the payments and the terms of subscriptions – over 6 months or so – I am going to try & get cash however – or discount them at 4%. I like to handle coin these days. It’s been a very good deal for us but sadly it’s all gone to make it. It’s a good business and with a little less speculativeness it can be made to earn a solid fortune in the next five years for us both – I don’t propose anything for the moment – much depends on the Deep Leads: I shall remain here until Nov or Dec and if they are successful some such a shift as the above can be made next summer. I am trying to work up a business in Mexico which will eventually give us excuse to go to America. With any success in Deep Leads I am going to open a house in New York for financial purposes – sooner or later the worlds finance (and therefore mining) is going to be centered there. I haven’t spoken to anyone in the matter yet but merely offer it for your digestion – Very Sincerely / H.C. Hoover”. Letter is written in ink on 6 pages of 2 sheets of paper measuring 8.25” x 10”. Punch holes to sheets, otherwise near fine with legible handwriting. Sold for $750.
To auction, sell or consign your Herbert Hoover autograph, please email your description and photos to [email protected] of Nate D. Sanders Auctions (http://www.NateDSanders.com).