LOT #12029 |
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Bill of Exchange Third Bill £100 May 27, 1786 Signed by Robert Morris Very Fine....
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Sold on Jan 7, 2010 for:
$517.50
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Description
Scarce Bill of Exchange Signed by Robert Morris
Bill of Exchange Third Bill £100 May 27, 1786 Signed by Robert Morris Very Fine. Robert Morris (1734-1806) signed the Declaration of Independence, Articles of Confederation, and the United States Constitution. In addition to his efforts on behalf of the United States during the Revolutionary War, Morris was also a merchant, financier, land speculator, and the owner of many businesses. He held an interest in privateer ships among many other ventures. Morris used his own money and credit on behalf of the country during the war for military supplies and other purposes. Land speculation led to his financial ruin and he ended up being imprisoned in Prune Street prison from February 1798 to August 1801 due to his debt. His friends in Congress passed bankruptcy laws at least partially in order to have Morris released. This bill of exchange was likely related to one of his many business interests and bears Morris' large, bold signature. A significant amount of ink erosion is observed, however this is truly a scarce piece of history, making such problems inconsequential to most.Auction Info
2010 January FUN Signature Currency Auction #3508 (go to Auction Home page)
Auction Dates
January, 2010
7th-11th
Thursday-Monday
Bids + Registered Phone Bidders: 5
Lot Tracking Activity: N/A
Page Views: 520
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