- More
Continental Loan Office Bill of Exchange First Bill $30 November 4, 1778 Anderson US-97/MA-5A PMG Extremely Fine 40 EPQ.. ...
Click the image to load the highest resolution version.Description
Important First Bill of Exchange- One of Two Known
Continental Loan Office Bill of Exchange First Bill $30 November 4, 1778 Anderson US-97/MA-5A PMG Extremely Fine 40 EPQ.In our May 2003 auction we sold a First Bill of Exchange for $2,990. Our description included the following, "What makes it particularly valuable is the fact that it is a 'First Bill.' Four copies of each bill were sent. If the first bill was received, it was valid and used, but many bills were lost, captured, or otherwise went astray. As soon as any one of the set made it to Paris, the others in the set lost all value. Consequently, third and fourths are very common, According to William G. Anderson in The Price of Liberty, 'Presently, no first bill of exchange is known to have survived, second bills are rare, and third and fourth bills are very common.' We know of the existence of only one other 'first.'" The example being offered tonight is that other First Bill of Exchange. We originally offered it at our Long Beach 2009 auction where it realized $2,760. It is signed by Hopkinson and Appleton and payable to John Simpkins. This wonderful note is bright, problem free, and earned the Exceptional Paper Quality designation from PMG. It bears serial number 72 and is redeemable in Paris. According to the endorsements on the back, Simpkins signed this note over to Samuel Parkman, who in turn signed it over to Jona. Williams. Jonathan Williams served as the commercial agent in Nantes, the port of entry generally used in France for tobacco and produce shipments from the United States. He was Benjamin Franklin's nephew. One fortunate bidder will be the latest to lay claim to this $30 when the hammer falls tonight.
Auction Info
Buyer's Premium per Lot:
17.5% of the successful bid (minimum $14) per lot.
Calculate Standard Domestic Shipping Sales Tax information
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms
Floor auctions
Open for bidding: (View All)Sports Collectibles
Ends on 05/30/2019
Jewelry & Timepieces
Ends on 06/03/2019
US Coins
Ends on 06/06/2019
Fine Art
Ends on 06/07/2019
Decorative Art
Ends on 06/07/2019
Comics & Comic Art
Ends on 06/08/2019
Arms & Armor
Ends on 06/09/2019
Comics & Comic Art
Ends on 06/15/2019
Fine & Rare Wine
Opens about 06/03/2019
Historical
Opens about 06/03/2019
Ethnographic Art
Opens about 06/04/2019
Currency
Opens about 06/07/2019
World & Ancient Coins
Opens about 06/04/2019
US Coins
Opens about 06/21/2019
Space
Opens about 06/27/2019
Sports Collectibles
Opens about 06/26/2019
Musical Instruments
Opens about 07/01/2019
Entertainment
Opens about 07/01/2019
Nature & Science
Opens about 06/29/2019
Luxury Accessories
Opens about 07/01/2019
Fine Art
Opens about 07/01/2019
Heritage membership
- Past Auction Values (prices, photos, full descriptions, etc.)
- Bid online
- Free Collector newsletter
- Want List with instant e-mail notifications
- Reduced auction commissions when you resell your
winnings
- Cash Advances
- More Bidders
- Trusted Experts
- Over 200,000 Satisfied Consignors Since 1976
Learn about consigning with us
I think heritage is the best auction house and has the best service - that’s why I use you.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
