Description

    Shays' Rebellion-Related Fiscal Paper

    Shays' Rebellion-Related Fiscal Paper, Boston, Massachusetts £60 Receipt February 28, 1787 Unlisted in Anderson. Extremely Fine. Captain Daniel Shays, a Revolutionary War veteran from Pelham, MA, has been credited with leading a group of impoverished farmers from the back-country, many of whom were Revolutionary War veterans, in an uprising that became known as Shays' Rebellion. The men were losing their farms through foreclosures and delinquent taxes. Among their demands were a suspension of foreclosures, cheaper paper money, and reduced taxes. Their activities included attempts to close the courthouses in order to stop the proceedings against them. The significance of Shays' Rebellion cannot be understated as it called attention to the weakness of the Articles of Confederation and led to the creation of the U.S. Constitution. Depreciating paper money was creating havoc in a number of states. A contemporary rhyme concerning the events was printed in Thomas A. Bailey's, The American Pageant, "Bankrupts their creditors with rage pursue; No stop, no mercy from the debtor crew." Authorities in Massachusetts sent troops led by General Benjamin Lincoln to western Massachusetts to put an end to the protests. The troops were financially supported in part through contributions from wealthy citizens, as a number of letters from the time period attest. The University of Virginia Library collection includes Letters of Delegates to Congress, 1774-1789, Volume 24, November 6 1786-February 29 1788. Within that collection are several letters discussing the problems in Worcester and elsewhere and the money raised in order to provide for the troops, including a letter from Gov. Bowdoin to Gen. Shepard dated Jan. 21, 1787 from Boston that reads in part, "in case of necessity I am persuaded, that the Gentlemen of Fortune & Ability in your parts, will as readily lend their aid to Government upon the occasion, and furnish the articles needed, confiding in Government for a speedy reimbursement, as the Gentlemen here have done." This wonderful document, printed on laid paper with drying lines, measures approximately 5 3/8 by 3 1/8 inches. Issued from Boston on February 28, 1787, it reads, "RECEIVED of Benjamin Hall Esq- Sixty Pounds- subscribed by him to the Loan for procuring Provisions and Necessaries for the Militia ordered to Worcester, to be provided by the Commissary-General and the Quarter-Master-General of the Militia, agreeable to the Directions of his Excellency the Governour, with the Advice of Council." The receipt being offered tonight was signed by Edwd. Payne & Son and was endorsed on the back by Benj Hall. Several handwritten notations in black and red ink are seen. A fabulous piece of Colonial history, one fortunate bidder will add this piece of fiscal paper to his or her collection tonight.

    Estimate: $4,000 - up.

    Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

    Sales Tax information  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    September, 2009
    8th-13th Tuesday-Sunday
    Bids + Registered Phone Bidders: 0
    Lot Tracking Activity: N/A
    Page Views: 379

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $14) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Consign to the 2018 April 25 - May 1 CSNS Currency Signature Auction - Chicago.

    Learn about consigning with us

    I think heritage is the best auction house and has the best service - that’s why I use you. 
    Sara B.,
    Dubai, UAE
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 December 6 - 8 HKINF World Currency Signature Auction - Hong Kong
    2017 December 6 - 8 HKINF World Currency Signature Auction - Hong Kong
    REALIZED SO FAR $1,011,463