Lot 106 - Sale 50 - The Milestone Auction

War of 1812 Capital Funded Stock Receipt Remainder, Receipt for Loan of 1813, Hessler X-71.
Estimate:
1.250,00/2.500,00 $
Starting price:
950,00 USD (886,69 €)

Bids

Lot status:
Auction closed

Description

Washington, D.C., issued March 1813. Six Percent Certificate of Annuity. This remainder was bound into a book which contained a group of Letters (Reports) from the Secretary of the Navy with accounting of the Navy Department during the years of 1814-1815. Printers of the documents from “Washington City” are Roger Chew Weightman and A. & G. Way. Documents contain various expenditures during the period and to whom they were made. It is postulated by your cataloguer with paper being so expensive at that period of history, printers and book binders used what they could to bolster the bindings of reports and books. Without that practice this document would have been lost to history. The Receipt Remainder while in portions is in need of archival restoration. Nonetheless, this is a significant fiscal document from the formative years of our nation’s history. The bond was issued by Act of February 8, 1813 and is listed on pages 88 & 89, as an (R-8) in the Hessler Guide. The Receipt like bond displays the “Great Seal with Ram’s head above, safety numerals on the indented border. As an (R-8) which designates only 1-3 specimens remain, this may be your only chance of a representative example of this issue! Worthy of notice to any collector of early U.S. Treasury Fiscal paper.
Only registered and authorized users are allowed to place bids.

Please use the registration form to send us your participation request, or, if you are already registered and authorized, use the login box on the top.

For any information please contact info@archivesinternational.com

Categories

Auction: Sale 50 - The Milestone Auction

Banknotes, Stocks, Coins - all auctions

Timetable

SESSION 1 (Lots 1-478)
Pre-bidding - End
03 12 2018 05:00 CET
02 12 2018 23:00 America/New_York
Room auction - Start
03 12 2018 20:00 CET
03 12 2018 14:00 America/New_York

SESSION 2 (Lots 501-1182)
Pre-bidding - End
04 12 2018 05:00 CET
03 12 2018 23:00 America/New_York
Room auction - Start
04 12 2018 16:30 CET
04 12 2018 10:30 America/New_York