Details

LOT 2705

Banknotes - USA - Connecticut Treasury Office 1782 - Line Bond Se-Tenant Pair Dated 1st June 1782 A.D.

Numbered 2787 and 2788, in favour of William Isham, having served in the Connecticut Line of the Continental Army, each for the inked sum of Nine Pounds Two Shillings, signed by J Lawrence, Treasurer and redeemable 1789, with interest payable annually; the reverse with ink endorsements confirming payment of interest each year from 1783 to 1789, with signatures of the treasurers each year, including J. Lawrence, Richard Butler and Jonathon Jeffrey and signed also by the recipient; triple holed to cancel. Fine condition; old folds, top edge slightly torn. Scarce as a multiple.(10 grams, 20.8 x 20 cm.). [No Reserve]

Provenance

UK gallery, early 2000s.

Footnotes

These bonds had to be produced each year for payment of the interest due and at final redemption; most surviving examples, having been in use over a period of some seven years or more, show very considerable wear, tear and damage; this example is better than many seen. William Isham (1759-1849) enlisted 'for the duration of the war' as a private at Colchester on 5th May 1777, aged 17 years in the Company of Captain Daniel Allen in the 3rd Connecticut Regiment of the Continental Line which served in the First Brigade, initially along the Hudson River; his grave can still be seen at St Albans, now Franklin County, Vermont, U.S.A.