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    US Loan Office Debt Certificate

    United States Loan-Office State of Virginia Deferred Debt Certificate $1,457.18 Feb. 1, 1806 PMG Very Good 10 Net A scarce item with neither Anderson nor Hessler containing an image of this variety. A boy's head and two rows of boughs are seen over an embossed seal of an eagle on this indented certificate that includes a hand pointing right and "Deferred Debt." within parentheses at top to the right of the design and to the left of "UNITED STATES LOAN-OFFICE." A boxed "B" that is of a plainer variety, with the B closer to the left margin of the box, is also seen on this example that is numbered 168. Additional text is contained at the bottom specifying conditions regarding the principal. The net grade was assigned due to tape reconstruction and pieces missing. The signature at lower right appears to have been cut out as a means of cancellation and tears and areas of paper loss are observed at the top margin. However, the grade seems a bit harsh to this cataloger given the overall appearance of the note. The paper retains good color, the handwritten elements remain dark, and the embossing is strong. A wonderful piece of fiscal history destined for a great collection.

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    Auction Dates
    June, 2010
    17th-21st Thursday-Monday
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