LOT #18140 |
Sold on Jan 6, 2016 for: Not Sold
New Hampshire December 25, 1734 7s PCGS Apparent Very Fine 35.. ...
Click the image to load the highest resolution version.
Description
Handsome 1734 New Hampshire Merchants Note
New Hampshire December 25, 1734 7s PCGS Apparent Very Fine 35.A beautiful example of this early "Merchants Note." According to Newman, these were issued by a group of private merchants as the British opposed further paper money issues by the colony itself. They were payable with one percent interest twelve years after their issue date. The note is signed on the face by Theodore Atkinson, George Jaffrey, and Henry Sherburne and before being released into circulation the notes were endorsed on the back by Hunking Wentworth. The motto which appears under the pine tree on the face is "BENEFICIO COMMERCI," which translates to "For the benefit of trade." In April 1735, Massachusetts passed an act suspending their circulation in the Massachusetts Bay Colony, responding to a private pact signed in March of that year by 198 merchants to not accept these New Hampshire notes. British authorities overruled the Massachusetts legislative initiative and repealed the 1735 act of the colony, helping them to make even more friends in Boston. The note itself is beautifully printed and strikingly handsome with the Apparent being assigned for repaired splits. The repairs are minor and accomplished with a lightly applied gauze tape.
Auction Info
2016 January 6 - 12 FUN Currency Signature Auction - Tampa #3541 (go to Auction Home page)
Auction Dates
January, 2016
6th-12th
Wednesday-Tuesday
Bids + Registered Phone Bidders: 0
Lot Tracking Activity: N/A
Page Views: 424
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
Shipping, Taxes, Terms and Bidding
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | Currency Grading Tutorial
Important information concerning Sales Tax and Resale Certificates. Learn More
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | Currency Grading Tutorial