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    Salem, NC- Samuel Stotz/Moravian Church Uncut Sheet of 2d-2d-3d/2d-3d-4d/2d-3d-4d. Oct. 22, 1803 PMG About Uncirculated 55.
    The area that became known as Salem was originally settled in 1753 by members of the Moravian Church. The Moravians had relocated a number of times after emigrating to North America. This scrip was issued by the Moravian Church and was denominated according to the English system. In October of the following year, the records from the Directing Boards of Salem noted that many merchants had already begun using dollars and cents instead for the scrip they issued. An interesting aside is that although North Carolina recognized the United States currency in dollars and cents as the lawful currency in 1809, the change within the state to dollars and cents was not made obligatory at that time.

    Although the signer of this piece appears to be Stots, the signer was actually Samuel Stotz. Some surviving examples were signed by both Samuel Stotz and Conrad Kreuser, but as is often the case, these notes were signed solely by Stotz. Brother Samuel Stotz (Dec. 20, 1752-Sep. 5, 1820) was very involved in church affairs and served in a variety of capacities over the years. On June 16, 1785 he was appointed as the first fire-master. He was also very involved in a large water system project. Stotz served as the first Warden, or Treasurer, of the Salem Congregation beginning in 1797.

    The sheet is fully bright, with a strong signature and partially handwritten date of October 22, 1803. PMG cites an annotation, which is a lightly pencilled word at the upper left of the face. They also mention a small tear, which is in the upper edge outside the notes and rather immaterial.

    Auction Info

    Auction Dates
    January, 2020
    8th-14th Wednesday-Tuesday
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