Null United States National Currency Illinois Chicago 1 Dollar 1918 PMG 64 EPQ
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United States National Currency Illinois Chicago 1 Dollar 1918 PMG 64 EPQ Fr# 729; # G46672274A; UNC

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United States National Currency Illinois Chicago 1 Dollar 1918 PMG 64 EPQ Fr# 729; # G46672274A; UNC

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Thomas Jefferson's 'Notes on the Establishment of a Money Unit, and of a Coinage for the United States': Salem Gazette from August 17, 1784 Complete issue of The Salem Gazette from Tuesday, August 17, 1784, Vol. III, No. 149, four pages, 11 x 17.25, printed and published by Samuel Hall. The second page of the newspaper contains Thomas Jefferson’s influential essay ‘Notes on the Establishment of a Money Unit, and of a Coinage, for the United States,’ with this newspaper errantly writing ‘Mint” instead of ‘Unit.’ A preamble to the transcription, as taken from the Providence Gazette, notes that “The following plan, for a MONEY-MINT, &c. was sent among other communications to the State, by its late Delegates in Congress. — It was shewn to several members of Congress, and met with their approbation; but the author of it being sent abroad on publick business, and an adjournment coming on, no measures were taken thereon.” The essay begins: “1. That it be of convenient size to be applied as a measure to the common money-transactions of life. 2. That its parts and multiples be in an easy proportion to each other, so as to facilitate the money arithmetick. 3. That the Unit and its parts or divisions be so nearly of the value of some of the known coins, as that they may be of easy adoption for the people. The Spanish Dollar seems to fulfil all these conditions.” In fine condition, with scattered light staining and a fragile hinge. Jefferson’s 11-page essay laid the groundwork for the establishment of the U.S. dollar and the decimal-based currency system that is still in use today. By outlining his ideas for a standardized monetary system, Jefferson — who would soon join Benjamin Franklin and John Adams in Paris as Minister Plenipotentiary for Negotiating Treaties of Amity and Commerce with Great Britain and other countries — the future American president helped to create a stable and efficient monetary system for the fledgling nation. Key elements of Jefferson’s essay include sections dedicated to ‘convenient size’ for everyday transactions, with the Spanish dollar seeming a suitable unit due to its familiarity to the people; a decimal system that would simplify calculations and make the system more accessible; the creation of coins in different denominations, including gold, silver, and copper, to facilitate various levels of transactions; and a relative ease of adoption for the public. Jefferson’s ideas had a significant influence on the Coinage Act of 1792, which established the United States Mint and created the country's first standardized coinage system.

Woodrow Wilson Document Signed as President, Sending a Representative to London’s Safety of Life at Sea Conference, a Response to the Sinking of the RMS Titanic Uncommon DS as president, one page, 10.25 x 14, December 23, 1913. President Wilson appoints James Hamilton Lewis of Illinois as “a Commissioner to represent the United States at the International Maritime Conference to be held at London, November 13, 1913, in accordance with the provisions of the ‘Joint Resolution Proposing an international maritime conference,’ approved June 28, 1913.” Signed neatly at the conclusion by Woodrow Wilson, and countersigned by John B. Moore as acting secretary of state. The document retains its original large wafer seal. In very good to fine condition, with light creasing and wrinkling, and a small hole to the top center. The first International Conference for the Safety of Life at Sea (SOLAS) assembled in London from November 23, 1913 to January 20, 1914, in reaction to the tragic sinking of the RMS Titanic. The conference was comprised of more than 100 representatives from a variety of maritime countries, including Germany, Austria-Hungary, Belgium, Denmark, Spain, the United States, France, Great Britain, Italy, Norway, Netherlands, Russia, Sweden, Australia, Canada, and New Zealand. To address the complicated safety issues, the conference work was divided among six committees: 1. radiotelegraphy, 2. navigation safety, 3. certificates, 4. construction, 5. revision. 6. lifesaving appliances. Each committee was made up of one or more delegates from each of the participating countries. After an unrelenting seven weeks, 13 countries signed the 1914 SOLAS Convention on January 20, 1914. It was ratified by only five nations, though: Great Britain, Netherlands, Norway, Spain, and Sweden. Many countries, including the United States, suspended ratification efforts due to the commencement of World War I. As a result, the 1914 SOLAS Convention never did come into force as intended on July 1, 1915.