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 British authorities overruled the Massachusetts legislative initiative and repealed the 1735 act of the colony, helping them to make even more friends in Boston.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.

    Estimate: $17,500 - 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
    January, 2016
    6th-12th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 0
    Lot Tracking Activity: N/A
    Page Views: 359

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

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

    Floor auctions

    Open for bidding: (View All)

    Fine Art
    Ends on 01/30/2018

    Heritage membership

    Join Now - It's Free

    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
    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 receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search

    Recent auctions

    2018 January 4 - 8 FUN World Currency Signature Auction - Tampa
    2018 January 4 - 8 FUN World Currency Signature Auction - Tampa
    REALIZED $1,648,055