Description: Ellery William
William Ellery, RI Declaration Signer, Signed Colonial Document
Paper slip signed in the third person by future Declaration of Independence signer William Ellery (1727-1820) as William Ellery." The receipt is in near fine condition, lightly toned, measuring 3.75"" x 1.75.""
"Received / Newport Decr. 10 1766 of William Ellery forty eight Pounds ten Shillings Old Tenor in full of all accounts, Samuel Marryate."
William Ellery lived his entire life in Newport, Rhode Island. The Harvard College graduate was a merchant, customs collector, lawyer, and state assembly clerk before serving as a Rhode Island delegate in the Continental Congress in 1776. His signature on the Declaration of Independence is second largest after Boston merchant John Hancock's.
Colonial currency was extremely complex, made up of British and foreign hard currency as well as poorly regulated local paper money. ""Old Tenor""referred to the first issue of this local paper money, which appeared after 1710 and had less than sterling value. ""New Tenor"" currency, introduced after 1740, had a higher exchange rate.
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