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The January 2013 Collector’s Series Sale
486
486 North American Land (PA) 1795. 2 shs. No.495.
Signed by Robert Morris, signer of the Declaration of
Independence. Known as the ‘financier of the American
Revolution;” founder of the Bank of North
America; one of the original US Senators from Pennsylvania;
risky land speculation destroyed his fortune,
and he died a pauper. Also signed by secretary “James
Marshall.” With the North American Land Company,
Morris and his partners hoped to multiply their fortunes
selling 4 million acres they had acquired cheaply. Settlers’
payments came in too slowly to cover taxes and
loans that came due, forcing Morris into bankruptcy
and debtor’s prison. A decent example, with just a trace
of ink erosion in the bold Morris signature. Uncanceled,
and very desirable as such. Some right edge
roughness and toning, otherwise VF+. (photo)
Est. 400-600
487
487 North American Land (PA) 1795. 2 shs. No.481.
Signed by Robert Morris, signer of the Declaration of
Independence. Known as the ‘financier of the American
Revolution;” founder of the Bank of North
America; one of the original US Senators from Pennsylvania;
risky land speculation destroyed his fortune,
and he died a pauper. Also signed by secretary “James
Marshall.” With the North American Land Company,
Morris and his partners hoped to multiply their fortunes
selling 4 million acres they had acquired cheaply. Settlers’
payments came in too slowly to cover taxes and
loans that came due, forcing Morris into bankruptcy
and debtor’s prison. An excellent example, without any
ink erosion in the bold signatures. Uncanceled, and
very desirable as such. EF. (photo) Est. 500-750
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