Lot 142: Massachusetts Finance

RR Auction

2015-07-07 11:00:06

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Lot 142: Revolutionary War–dated partly-printed DS, signed "H. Gunnes," one page, 11.25 x 5.5, January 1, 1780. State of Massachusetts Bay financial document ordering the payment of £130 to Isaac Clark "according as Five Bushels of Corn, Sixty-eight Pounds and four-sevenths Parts of a Pound of Beef, Ten Pounds of Sheep's Wool, and Sixteen Pounds of Sole Leather shall then cost, more or less than One Hundred and Thirty Pounds current, at the then current Prices of said Articles…The current Price of said Articles, and the consequent Value of every Pound of the Sum herein promised, to be determined agreeable to a Law…[for] this States Quota of the Continental Army." Signed at the conclusion by the treasurer and two members of the committee. In very good condition, with intersecting folds with partial separations, toning and soiling, and ink cancellation marks to the treasurer's signature. An interesting early financial document relating debt to the prices of commodities, adjusting debts and payments based on what was essentially a cost of living index. RR Auction's Fine Autographs and Artifacts Auction 456 Wednesday, 15th July 2015 Estimate: $200-400
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