SOLD
1,400.00USD+ (280.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Mar 29 @ 19:12UTC-4 : AST/EDT
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This historically important offering is from the Taylor Family sale auctioned and cataloged by Stack’s:
“The first item in this lot is a July 29, 1815 letter from Secretary of the Treasury A(lexander) J(ames) Dallas to the cashier of the Branch Bank Pittsburg on procedures for redeeming Treasury Notes and when the interest ceases on these notes. This letter has been backed.
There are also five 1815 issues of the four-page Weekly Messenger of Boston, and all have reportings of financial and government news. The March 17 issue finds an open letter from the Secretary of the Treasury, A.J. Dallas, to the Committee of Ways and Means discussing revenue and expenses. Several steps in regards to Treasury Notes are mentioned near the end of the article.
Another item in this lot is a stampless advertising postal cover for F.E. Hassler of Washington City, DC. The imprint of the verso states that Mr. Hassler will file Revolutionary, War of 1812, Florida and Mexican War pension claims for widows. The eighth item is a remittance letter of November 10, 1814 from Boston to a paymaster in New Hampshire stating that enclosed are “120 $100 and 400 $20 Treasury Notes.” Finally, there is an unissued check from the 1810s.
These items bring this period in our nation’s history much closer to the Twenty-first Century collector of these early Nineteenth Century financial instruments.”
(Nine items)
Pedigree: The Anderson Collection
Auction Location:
David L. Lawrence Convention Center, Hall B, 1000 Fort Duquesne Blvd., Pittsburgh, Pennsylvania, 15222, United States
Previewing Details:
auctions.kagins.com
Sales Tax on currency to non-dealers in PA and other non-exempt states. Coins exempt in most states, but taxable if under $1500 shipped to CA or $1000 to MD per tax accountant
Taxes:
| Tax | Rate | Desc. |
| PA |
7% |
PA Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20% |
Additional Fees:
Shipping Details:
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A 2.9% discount is already included in cash or cash equivalent transactions.
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Terms and Conditions of Sale
1. Auction Company. This public auction is being presented by Kagin’s Auctions, a division of Kagin’s, Inc. (“KA”)
2. Binding Effect of Terms and Conditions. These Terms and Conditions are legally binding on anyone that registers
to bid, or actually does bid, at a KA auction. They define the relationship between bidders and KA before, during and after
the auction, and limit KA’s liability to bidders.
3. Consignors and Reserves. This catalog contains descriptions of property belonging to many persons known as
consignors. KA is not required to divulge to prospective bidders the identity of any consignor, except as provided by these
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which KA is not required to disclose to prospective bidders. The Consignment Contract may permit a consignor to bid on his
or her own lots and pay commissions if successful. If a consignor bids from the floor for his or her own lots, KA may so note
to all present. KA reserves the right to omit from its published prices realized the purchase prices of items re-purchased by
their consignor(s).
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corporation agrees in writing to personally guarantee payment. Likewise, bids will be accepted from persons under age
18 only if a parent or legal guardian agrees in writing to accept these Terms and Conditions and be responsible for any
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will be applied to purchases and unused portions returned after the auction. Finally, for the protection of mail bidders no
“unlimited” or “buy” bids will be accepted.
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principals may either consign to, or bid at, an KA auction and pay commissions. In addition, these persons or entities may
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statements of good faith opinion and not warranties. KA relies on the opinions of leading third party certification services,
and supplies information relating to certified items only for the convenience of mail, telephone and fax bidders. Floor
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are legally entitled to sell those items. Bidders are entitled to rely on those same representations and warranties in making
their purchases, but are encouraged to make their own investigations in case of doubt.
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9. Bidding at Auction. The auction shall take place at the time and place set forth in this catalog, or at some other
time and place as KA may, in its sole discretion, determine. The auctioneer will offer lots in number sequence within each
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a mail bid to a level the auctioneer deems appropriate), and will continue at such increments as the auctioneer directs until
the auctioneer declares the lot sold. The auctioneer may accept or decline any bid in his sole discretion, and where more
than one identical bid is received for an item, the auctioneer may prefer the first bid received and may prefer a mail bid over
an identical floor bid. In case of any disputes regarding the existence or amount of bids the auctioneer may rescind the sale
of that lot and re-sell it, or otherwise direct disposition of the lot in his sole discretion. In all cases, the auctioneer’s decision
shall be final. KA IS NOT RESPONSIBLE FOR ERRORS IN BIDDING, and mistaken bids will not justify rescission of a sale.
www.kagins.com xv
Terms and Conditions of Sale (Continued)
10. Buyer’s Commission and Taxes. THE PURCHASE PRICE FOR ALL LOTS INCLUDES THE SUCCESSFUL BID PLUS A
BUYER’S FEE OF 20%, except as otherwise provided by written agreement between a bidder and KA. Bidders
acknowledge that they are responsible for all sales, use or other taxes applicable to their purchases, and for any interest or
penalty related to unpaid tax, regardless of whether KA collected such taxes at the time of purchase.
11. Kagin’s Loyalty Discount. All successful purchasers shall be entitled to a credit against any future
purchases in a KA auction, in the amount of one percent (1%) of the total purchase prices paid by
them (hammer plus buyer’s commission – taxes or other charges not included), such credit to extend to the next two (2) KA
auctions, or a period of 1 year, whichever is longer.
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purchasers will receive an invoice from KA detailing their purchases and the date payment is due. Title and risk of loss to
goods passes when the purchase price is paid in full, and KA reserves the right to withhold delivery of lots until full payment
is made in good funds. Payment is by cash or credit card payable through a U.S. bank only, unless otherwise agreed in
writing between the buyer and KA. Purchasers agree that if payment is not made in full in accordance with the invoice
terms, they will be liable to KA for interest on the unpaid balance at the rate of 1 1/2% per month (or the maximum rate
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engaging an attorney and pursuing legal proceedings). In addition to the foregoing, purchasers grant KA a security interest
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themselves or other items), and agree to execute such documents as KA may deem needed to evidence this security interest.
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apply the proceeds to purchaser’s debt and to reimbursing KA for costs related to the resale.
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certification service, if the purchaser is a dealer or has presented KA with a valid resale certificate, or if the purchaser viewed
the item prior to the purchase. In all other cases, returns are accepted provided each of the following conditions is met: (1)
the purchaser contends that the item is counterfeit, contains an altered date or mintmark, or contains undisclosed repairs;
(2) the purchaser notifies KA in writing of his or her contention within five (5) days of receiving the item (if purchaser did
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unopened container. Notwithstanding the above, coin returns are not accepted in cases involving cleaning, artificial toning,
provenance or pedigree, or strike, or whether a coin is a proof.
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KA auction or any provision of Terms and Conditions shall be resolved by arbitration in California through the Professional
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arbitration award may be entered in any court of competent jurisdiction.