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Luxury Asset Auction 10/29/2026

Thu, Oct 29, 2026 07:00PM EDT
  2026-10-29 19:00:00 2026-10-29 19:00:00 America/New_York Witherell Auctions Witherell Auctions : Luxury Asset Auction 10/29/2026 https://bid.witherell.com/auctions/witherells/luxury-asset-auction-10-29-2026-23593
Witherell's Live Luxury Asset Auction, October 29, 2026, from the Sutter Club, Sacramento. 363 lots: Warhol's $9, a Peale portrait, a Stone Declaration of Independence, Rolex, gold, fine jewelry, California baskets and more.
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Lot 21

John Jacob Astor IV & Henry B. Ely Estate Archive, 1896–1900

Estimate: $1,000 - $2,500
Starting Bid
$500

Bid Increments

Price Bid Increment
$0 $50
$1,000 $100
$2,000 $250
$5,000 $500
$10,000 $1,000
$20,000 $2,500
$50,000 $5,000
$100,000 $10,000

Historically significant archive documenting the administration of the Astor family fortune during the Gilded Age, preserved by direct family descent from Henry B. Ely, a trusted executor and trustee under the will of William Backhouse Astor. The archive comprises four related documents dating from 1896 to 1900, each retained in Ely’s personal files and collectively chronicling his fiduciary relationship with John Jacob Astor IV. Included is an original twelve-page manuscript agreement dated June 30, 1896, signed in full by John Jacob Astor IV, indemnifying Ely in connection with trust payments made on behalf of the Drayton children under provisions established by the William Astor estate. Accompanying the agreement is a rare autograph memorandum on John Jacob Astor – Estate of William Astor letterhead, dated June 30, 1896, explaining the purpose of the indemnity agreement in Astor’s own hand and signed with his initials. The archive further includes a substantial manuscript Release and Indemnity agreement executed October 23, 1900, signed in full by John Jacob Astor IV and acknowledging Ely’s resignation as executor and trustee following his relocation to Redlands, California, while formally releasing him from liability arising from his administration of numerous Astor trusts. Completing the archive is a contemporary typed memorandum, also dated October 23, 1900, signed by Henry B. Ely and trustee Mynderse Holman, clarifying that the release did not apply to certain unpaid trustee commissions relating to trusts established for members of the Astor, Roosevelt, Van Alen, and Drayton families, as well as matters involving Caroline W. Astor and the James R. Roosevelt Jr. Trust. Together, the documents provide a remarkable window into the private legal and financial administration of one of America’s greatest fortunes at the turn of the twentieth century. More than simply bearing the signature of John Jacob Astor IV—later remembered as the wealthiest passenger lost aboard the RMS Titanic in 1912—the archive documents his active management of the Astor estate and identifies Henry B. Ely as one of the family’s principal fiduciaries during a pivotal period in the history of the Astor financial empire. Preserved intact by direct family descent from Henry B. Ely, the archive represents a remarkably cohesive survival of Gilded Age American legal and financial history, offering an intimate glimpse into the private administration of one of the nation’s greatest fortunes.

 

Dimensions: Largest document approximately 14 x 8.5 in.

 

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Condition

Overall very good condition. The documents exhibit expected folds from long-term storage, scattered light toning, and minor edge wear consistent with age. Signatures, manuscript text, and typed text remain bold and highly legible throughout. Original docket wrappers are retained, enhancing the archival integrity and provenance of the group.

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Direct family descent from Henry B. Ely.