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8:00 AM PT - Nov 15th, 2008

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Early American History Auctions

 

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Rancho Santa Fe, CA 92067
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Lot 31
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William Imlay Signed CT, US, Loan Form

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Connecticut Currency
Scarce "William Imlay" Signed Connecticut "United States" Loan Form

April 16, 1793, United States Loan Office Form, Connecticut, Anderson CT-56, Very Choice Extremely Fine.
Rarity-5 (Rare). Signed by William Imlay and issued for $42.46. Printed by Francis Bailey on fine quality hand made laid paper bearing a "SANDY RUN" watermark. This certificate is related directly to the transference of the nation's capitol from Philadelphia to Washington, DC under what was known as the "Assumption Act" (in order to persuade the South to assume a disproportionately larger share of the Revolutionary War debt, the government agreed to relocate the capitol to a Southern State). This example has a nearly invisible slit-cancel and retains a huge right side margin that nearly doubles the entire width of this document. Impressively mounted and matted for display and ready for framing. An important piece of Connecticut and United States fiscal history.



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