2400 Market St
Philadelphia, PA 19147
United States
Established in 1805, Freeman’s Auction House holds tradition close, with a progressive mind-set towards marketing and promotion, along with access to a team of top experts in the auction business. And now with offices in New England, the Southeast, and on the West Coast, it has never been easier to ...Read more
Two ways to bid:
Price | Bid Increment |
---|---|
$0 | $25 |
$500 | $50 |
$1,000 | $100 |
$2,000 | $200 |
$3,000 | $250 |
$5,000 | $500 |
$10,000 | $1,000 |
$20,000 | $2,000 |
$30,000 | $2,500 |
$50,000 | $5,000 |
$100,000 | $10,000 |
Sep 23, 2021
Printed Bill of Exchange, signed three times
Rhode Island, December 7, 1778. One sheet, 11 1/2 x 8 3/8 (292 x 213 mm). Partially-printed group of three uncut sight drafts, being the second, third, and fourth bills of exhange, issued to Connecticut merchant and Major General of the Connecticut militia, Jabez Huntington (1719-86) for $36, "in One Hundred and Eighty Livres Tournois, for Interest due on Money borrowed by the United States"; each signed by Declaration of Independence signer, Francis Hopkinson, as Treasurer for the Continental Loan-Office; each counter-signed by Joseph Clarke, as Commissioner of the Continental Loan-Office in the State of Rhode Island; each signed by Huntington on verso. Creasing from original folds; small open tears along right side, affecting "H" in Hopkinson's second signature. Anderson 11A
Rare uncut sheet of the three exchanges.
Together with:
Printed Bill of Exchange, signed
Pennsylvania, February 25, 1779. One sheet, 3 3/4 x 8 1/4 in. (95 x 209 mm). Partially-printed sight draft, being the third of exchange, issued to Jacob Arndt for $12, "in Sixty Livres Tournois, for Interest due on Money borrowed by the United States", signed by Hopkinson, as Treasurer for the Continental Loan-Office; counter-signed by Thomas Smith, as Commissioner of the Continental Loan-Office in Pennsylvania; signed by Arndt on verso; additonally inscribed on verso, transferring payments to William Bingham, signed by John Benezet, and further endorsed by Bingham, in French, dated July 13, 1779. Lightly worn. Includes an engraved portrait of Hopkinson. Anderson 10A
Together with:
Printed Promissory Note
No place, January 14, 1780. One sheet, 5 1/4 x 9 7/8 in. (133 x 251 mm). Partially-printed promissory note, issued to a John Moore, for repayment of $600 "with Interest anually, at the Rate of Six per Cent. per Annum", signed by Hopkinson as Treasurer for the Continental Loan-Office. Creasing from original folds; edges worn. Lot includes a T.L.s from Barclays Bank, dated 1961, regarding collecting on the then 181-year-old note. Anderson US 51.
Francis Hopkinson (1737-91) was a signer of the Declaration of Independence as a delegate from New Jersey, as well as an author, composer, and scholar.
No lot may be removed from Freeman’s premises until the buyer has paid in full the purchase price therefor including Buyer’s Premium or has satisfied such terms that Freeman’s, in its sole discretion, shall require. Subject to the foregoing, all Property shall be paid for and removed by the buyer at his/ her expense within ten (10) days of sale and, if not so removed, may be sold by Freeman’s, or sent by Freeman’s to a third-party storage facility, at the sole risk and charge of the buyer(s), and Freeman’s may prohibit the buyer from participating, directly or indirectly, as a bidder or buyer in any future sale or sales. In addition to other remedies available to Freeman’s by law, Freeman’s reserves the right to impose a late charge of 1.5% per month of the total purchase price on any balance remaining ten (10) days after the day of sale. If Property is not removed by the buyer within ten (10) days, a handling charge of 2% of the total purchase price per month from the tenth day after the sale until removal by the buyer shall be payable to Freeman’s by the buyer. Freeman’s will not be responsible for any loss, damage, theft, or otherwise responsible for any goods left in Freeman’s possession after ten (10) days. If the foregoing conditions or any applicable provisions of law are not complied with, in addition to other remedies available to Freeman’s and the Consignor (including without limitation the right to hold the buyer(s) liable for the bid price) Freeman’s, at its option, may either cancel the sale, retaining as liquidated damages all payments made by the buyer(s), or resell the property. In such event, the buyer(s) shall remain liable for any deficiency in the original purchase price and will also be responsible for all costs, including warehousing, the expense of the ultimate sale, and Freeman’s commission at its regular rates together with all related and incidental charges, including legal fees. Payment is a precondition to removal. Payment shall be by cash, certified check or similar bank draft, or any other method approved by Freeman’s. Checks will not be deemed to constitute payment until cleared. Any exceptions must be made upon Freeman’s written approval of credit prior to sale. In addition, a defaulting buyer will be deemed to have granted and assigned to Freeman’s, a continuing security interest of first priority in any property or money of, or owing to such buyer in Freeman’ possession, and Freeman’s may retain and apply such property or money as collateral security for the obligations due to Freeman’s. Freeman’s shall have all of the rights accorded a secured party under the Pennsylvania Uniform Commercial Code.