Subscribe to be notified if similar examples become available.
Certificaet N° 88. |
||||||||||||||||||||
|
||||||||||||||||||||
|
||||||||||||||||||||
Selling price: $810
Sold in 2008 Missed this item! Be the first to get notified about our newly added listings. Add your name to our mailing list. |
Description
Dutch financiers and their American counterparts from 1785 to 1792 scrambled to buy up the deeply discounted 6 percent finals, then made additional representations (guaranteeing interest payments at a certain level for ten to fifteen years), marked the price up significantly, and then sold Certificate interests to the Dutch and Flemish public. These Dutch investment trust buyers first demonstrated the value and credibility of investing in United States securities.
Complete title: N° 88. Den houder dezer zal gerechtigd zyn tot eentwee honderdste aendeel in het overgeblevene Capitael van 130,000 Dollars Liquididated Debt ofte Vereffende Schulden, tot laste der Vereenigde Staeten van America, gesteld ten naemen van Jonker CHARLES HENRY FRANCOIS VAN DER BORCHT, Jonker JOSPH HENRY DE BOSSCHAERT en den ondergeteekenden, ten wiens Comptoire ten Jaere 1790 daer op gedaen is eene Negociatie van f 200,000 wissel-gelt, doch zal dit recht eerst gelden, na dat alle de daer op uytgegevene obligatien ider à f 1000 wissel-gelt zullen zyn uytgelot ofte gerembouseert en dus alleen op dat surplus, t' welk zoo de Liquidated Debt intusschen mogt afgelost worden, zal overig zyn. Antwerpen 30 Meert 1791.
Signed by C.J.M.Wolf and J.G.Deelen.
Karel Jan Michiel de Wolf (1747-1806) was married to a "de Proli" a very well-known family in the history of the Commercial Trading Companies of the 18th Century.
Revolutionary War transatlantic paper was first designed to accommodate the growing relationship with the U.S. allies in Europe, primarily France, but to a lesser extent Holland and Spain. Most of the financial instruments created were bills of exchange. Still, a few special pay orders for returning prisoners of war or receipts for the consolidated American debt to France were used.
Reference: William N. Goetzmann, K. Geert Rouwenhorst , The origins of value, p. 295.
FAQ - Guarantee - Shipping
Buying in the BuyNow Gallery
This item is available for immediate purchase when a "Add to Cart" or "Inquire Now" button is shown.
Items are sold in the EU margin scheme
Payments are accepted in Euros or US Dollars.
Authenticity Guarantee
We provide professional descriptions, condition report (based on 45 years experience in the map business)
Paulus Swaen warrants the authenticity of our items and a certificate of authenticity is provided for each acquired lot.
Condition and Coloring
We indicate the condition of each item and use our unnique HiBCoR grading system in which four key items determine a map's value: Historical Importance, Beauty, Condition/Coloring and Rarity.
Color Key
We offer many maps in their original black and white condition. We do not systematically color-up maps to make them more sellable to the general public or buyer.
Copper engraved or wood block maps are always hand colored. Maps were initially colored for aesthetic reasons and to improve readability. Nowadays, it is becoming a challenge to find maps in their original colors and are therefor more valuable.
We use the following color keys in our catalog:
Original colors; mean that the colors have been applied around the time the map was issued.
Original o/l colors; means the map has only the borders colored at the time of publication.
Colored; If the colors are applied recently or at the end of the 20th century.
Read more about coloring of maps [+]
Shipping fee
A flat shipping fee of $ 30 is added to each shipment by DHL within Europe and North America. This covers : International Priority shipping, Packing and Insurance (up to the invoice amount).
Shipments to Asia are $ 40 and rest of the world $50
We charge only one shipping fee when you have been successful on multiple items or when you want to combine gallery and auction purchases.
Read more about invoicing and shipping
FAQ
Please have a look for more information about buying in the BuyNow gallery
Many answers are likely to find in the general help section.
Virtual Collection
With Virtual Collection you can collect all your favorite items in one place. It is free, and anyone can create his or her Virtual map collection.
Unless you are logged in, the item is only saved for this session. You have to be registed and logged-in if you want to save this item permanently to your Virtual Collection.
Read More[+]
Register here, it is free and you do not need a credit card.
Add this item to
Virtual Collection
or click the following link to see my Virtual Collection.
High-Resolution Digital Image Download | |
Paulus Swaen maintains an archive of most of our high-resolution rare maps, prints, posters and medieval manuscript scans. We make them freely available for download and study. Read more about free image download |
In accordance with the EU Consumer Rights Directive and habitually reside in the European Union you have the right to cancel the contract for the purchase of a lot, without giving any reason.
The cancellation period will expire 14 calendar days from the day after the date on which you or a third party (other than the carrier and indicated by you) acquires, physical possession of the lot. To exercise the right to cancel you must inform Paulus Swaen Europe bv, which is offering to sell the lot either as an agent for the seller or as the owner of the lot, of your decision to cancel this contract by a clear statement (e.g. a letter sent by post, or e-mail (amsterdam@swaen.com).
To meet the cancellation deadline, it is sufficient for you to send your communication concerning your exercise of the right to cancel before the cancellation period has expired.