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United States/BOB & Other : Revenue Stamped Paper

 

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michael78651
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Moderator, MT Member

09 May 2016
09:38:08pm
Who said you can't find anything good in the Stamporama auctions?

Here is what I found (and bought) in a recent auction right here:

Image Not Found

I have always wanted to have an example of revenue stamped paper from the 18th Century. This one, a promissory note from September 1799 qualified quite nicely.

I figured that in 1799 a $2,000.00 promissory note was nothing to sneeze at. In 2016 money, it would equate out to be about $34,000.00, so those involved in this financial transaction must have had some money. The names are well known in Philadelphia as are the families and their histories. Right now, I think I can conclude that both men personally knew and were friends with Alexander Hamilton. They also knew George Washington, but how well they knew him and what their relationship was with Washington I do not know.

Here's a brief note on Anthony Morris who borrowed the money:

"Capt. Samuel's son, Anthony, merchant, b. in Philadelphia in 1766; d. in Washington, D. C., 6 Nov., 1860, was graduated at the University of Pennsylvania in 1783, studied law, and was admitted to the bar in 1787. He subsequently became a merchant, and was extensively engaged in the East India trade. In 1793 he was speaker of the Pennsylvania senate, and because as such he signed the bill providing for troops to suppress the Whiskey rebellion, he was disowned by the Quaker meeting, of which he was a member. During the administration of President Madison he was sent by the latter on a special mission to Spain, where he remained nearly two years. In 1800-'6 he was a director of the Bank of North America, and from 1806 till 1817 a trustee of the University of Pennsylvania."

Miers Fisher, an attorney, and Samuel Fisher were members of a Philadelphia firm of merchants. The Fishers were involved in an equity suit against the “Council of Proprietors of East Jersey & the Heirs & Representatives of James Alexander & Robert Hunter Morris.” In 1795 they asked Alexander Hamilton to serve as their counsel before the Circuit Court of the United States. It looks like Hamilton might have declined to do that. The case went all the way to the Supreme Court of the US in 1800.

This has turned out to be an very interesting piece full of historical leads to a couple of people and events in the early years of the United States. I can't wait to dig deeper into all this and see what else I might find.
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BenFranklin1902
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Tom in Exton, PA

09 May 2016
10:08:37pm
re: Revenue Stamped Paper

That is just the coolest! Big Grin

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michael78651
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Moderator, MT Member

09 May 2016
10:18:19pm
re: Revenue Stamped Paper

Just dawned on me that they probably very well knew Franklin too. Among their other mercantile adventures, the Morris' also ran the largest brewery in Philadelphia.

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larsdog
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APS #220693 ATA#57179

09 May 2016
11:41:45pm
re: Revenue Stamped Paper

And that's why I can't get into covers. The few I have investigated have turned into fascinating research projects. Your cover would be like heroin to me. What a great back story. I'd be hooked forever!

Lars

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bluparrot

09 May 2016
11:51:37pm
re: Revenue Stamped Paper

That is awesome Michael!! I had a similar discovery in a lot of bank checks (most with R15 on them) I bought a few years back. I bought the lot because they were all from my hometown of Easton, Maryland in Talbot County. I did research on them and found one that stood out. A $2000 check made out to a Chas H. Gibson in 1870 from M.M.Dawson. As you can see Charles Gibson's signature is on the back. Image Not FoundImage Not Found
M.M. Dawson was the president of Easton National Bank.

From Wikipedia - Charles Hopper Gibson (January 19, 1842 – March 31, 1900) was a U. S. Senator from Maryland, serving from 1891–1897. He also served as a U.S. Congressman from 1885–1891.

Gibson was born near Centreville, Maryland, and attended the Centreville Academy and the Archer School in Harford County. He graduated from Washington College in Chestertown, Maryland, engaged in the study law, and was admitted to the bar in 1864, commencing practice in Easton, Maryland.

President Andrew Johnson appointed Gibson as collector of internal revenue for the Maryland Eastern Shore district in 1867, but Gibson was not confirmed. He became auditor and commissioner in chancery in 1869 and resigned in 1870 to accept the appointment of State’s attorney for Talbot County, Maryland, serving from 1871 until 1875.

Gibson was elected as a Democrat to the Forty-ninth, Fiftieth, and Fifty-first Congresses from Maryland's 1st congressional district, serving from March 4, 1885 until March 3, 1891, but was not a candidate for reelection in 1890. He was appointed and subsequently elected as a Democrat to the United States Senate to fill the vacancy caused by the death of Ephraim King Wilson II, and served in that position from November 19, 1891 until March 3, 1897. As senator, Gibson served as chairman of the Committee on Manufactures (Fifty-third Congress).

After his service as U.S. senator, Gibson resumed the practice of law, and later died in Washington, D.C. in 1900. He is interred in Chesterfield Cemetery in his home town of Centreville.Image Not Found

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michael78651
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Moderator, MT Member

10 May 2016
12:00:17am
re: Revenue Stamped Paper

Hey, Lars!

These aren't covers. They're fiscal notes! You can get around the cover problem with these.

Oh, my promissory note is embossed with the revenue stamp, and is Scott #RM179

Image Not Found
The image is a negative of the actual revenue stamping to bring out the details.

My thanks to the seller who provided me with the images so that I can use them to show the note as it is a bit fragile.

A look through the Scott US Specialized catalog shows many RM listings. Many of them are not all that expensive. The problem is trying to find them. This is the first one that I ever saw. I told a dealer friend about my find. He said that he has never seen anything from the Scott RM listings.

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"Author: Seasons of Fantasies and Dreams, The Whitechapel Fog"

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michael78651
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Moderator, MT Member

10 May 2016
12:02:18am
re: Revenue Stamped Paper

Les, we often say if pictures could talk. Well, sometimes our little pieces of paper talk quite a bit! Great find on that check.

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dani20
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10 May 2016
08:25:29am
re: Revenue Stamped Paper

And that, dear friends, is why my wife looks down upon my collecting habits and extols those of the historical persuasion. Outstanding stuff guys, much appreciated.
Respect,
Dan C,
Accumulator

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vinman
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10 May 2016
10:50:34pm
re: Revenue Stamped Paper

Nice finds Michael and Bluparrot,
That's one of the things I like about this hobby, learning history about the people on our covers and other ephemera.
Vince

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Jake6
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07 Jul 2016
10:33:22pm
re: Revenue Stamped Paper

Oh man, I sense another addiction coming on. How cool is that!

Matt

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BenFranklin1902
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Tom in Exton, PA

08 Jul 2016
09:04:00am
re: Revenue Stamped Paper

"And that, dear friends, is why my wife looks down upon my collecting habits and extols those of the historical persuasion. "



Yup, mine finds my stamp collection absolutely boring. But she can sit and watch "Dancing With The Stars" and "The Bachelor", both shows that make me want to stab myself. Then she gets mad, "You never watch TV with me!"



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Author/Postings
Members Picture
michael78651

Moderator, MT Member
09 May 2016
09:38:08pm

Who said you can't find anything good in the Stamporama auctions?

Here is what I found (and bought) in a recent auction right here:

Image Not Found

I have always wanted to have an example of revenue stamped paper from the 18th Century. This one, a promissory note from September 1799 qualified quite nicely.

I figured that in 1799 a $2,000.00 promissory note was nothing to sneeze at. In 2016 money, it would equate out to be about $34,000.00, so those involved in this financial transaction must have had some money. The names are well known in Philadelphia as are the families and their histories. Right now, I think I can conclude that both men personally knew and were friends with Alexander Hamilton. They also knew George Washington, but how well they knew him and what their relationship was with Washington I do not know.

Here's a brief note on Anthony Morris who borrowed the money:

"Capt. Samuel's son, Anthony, merchant, b. in Philadelphia in 1766; d. in Washington, D. C., 6 Nov., 1860, was graduated at the University of Pennsylvania in 1783, studied law, and was admitted to the bar in 1787. He subsequently became a merchant, and was extensively engaged in the East India trade. In 1793 he was speaker of the Pennsylvania senate, and because as such he signed the bill providing for troops to suppress the Whiskey rebellion, he was disowned by the Quaker meeting, of which he was a member. During the administration of President Madison he was sent by the latter on a special mission to Spain, where he remained nearly two years. In 1800-'6 he was a director of the Bank of North America, and from 1806 till 1817 a trustee of the University of Pennsylvania."

Miers Fisher, an attorney, and Samuel Fisher were members of a Philadelphia firm of merchants. The Fishers were involved in an equity suit against the “Council of Proprietors of East Jersey & the Heirs & Representatives of James Alexander & Robert Hunter Morris.” In 1795 they asked Alexander Hamilton to serve as their counsel before the Circuit Court of the United States. It looks like Hamilton might have declined to do that. The case went all the way to the Supreme Court of the US in 1800.

This has turned out to be an very interesting piece full of historical leads to a couple of people and events in the early years of the United States. I can't wait to dig deeper into all this and see what else I might find.

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"Author: Seasons of Fantasies and Dreams, The Whitechapel Fog"

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BenFranklin1902

Tom in Exton, PA
09 May 2016
10:08:37pm

re: Revenue Stamped Paper

That is just the coolest! Big Grin

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michael78651

Moderator, MT Member
09 May 2016
10:18:19pm

re: Revenue Stamped Paper

Just dawned on me that they probably very well knew Franklin too. Among their other mercantile adventures, the Morris' also ran the largest brewery in Philadelphia.

Like
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"Author: Seasons of Fantasies and Dreams, The Whitechapel Fog"

www.hipstamp.com/sto ...
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larsdog

APS #220693 ATA#57179
09 May 2016
11:41:45pm

re: Revenue Stamped Paper

And that's why I can't get into covers. The few I have investigated have turned into fascinating research projects. Your cover would be like heroin to me. What a great back story. I'd be hooked forever!

Lars

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"Expanding your knowledge faster than your collection can save you a few bucks."

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bluparrot

09 May 2016
11:51:37pm

re: Revenue Stamped Paper

That is awesome Michael!! I had a similar discovery in a lot of bank checks (most with R15 on them) I bought a few years back. I bought the lot because they were all from my hometown of Easton, Maryland in Talbot County. I did research on them and found one that stood out. A $2000 check made out to a Chas H. Gibson in 1870 from M.M.Dawson. As you can see Charles Gibson's signature is on the back. Image Not FoundImage Not Found
M.M. Dawson was the president of Easton National Bank.

From Wikipedia - Charles Hopper Gibson (January 19, 1842 – March 31, 1900) was a U. S. Senator from Maryland, serving from 1891–1897. He also served as a U.S. Congressman from 1885–1891.

Gibson was born near Centreville, Maryland, and attended the Centreville Academy and the Archer School in Harford County. He graduated from Washington College in Chestertown, Maryland, engaged in the study law, and was admitted to the bar in 1864, commencing practice in Easton, Maryland.

President Andrew Johnson appointed Gibson as collector of internal revenue for the Maryland Eastern Shore district in 1867, but Gibson was not confirmed. He became auditor and commissioner in chancery in 1869 and resigned in 1870 to accept the appointment of State’s attorney for Talbot County, Maryland, serving from 1871 until 1875.

Gibson was elected as a Democrat to the Forty-ninth, Fiftieth, and Fifty-first Congresses from Maryland's 1st congressional district, serving from March 4, 1885 until March 3, 1891, but was not a candidate for reelection in 1890. He was appointed and subsequently elected as a Democrat to the United States Senate to fill the vacancy caused by the death of Ephraim King Wilson II, and served in that position from November 19, 1891 until March 3, 1897. As senator, Gibson served as chairman of the Committee on Manufactures (Fifty-third Congress).

After his service as U.S. senator, Gibson resumed the practice of law, and later died in Washington, D.C. in 1900. He is interred in Chesterfield Cemetery in his home town of Centreville.Image Not Found

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michael78651

Moderator, MT Member
10 May 2016
12:00:17am

re: Revenue Stamped Paper

Hey, Lars!

These aren't covers. They're fiscal notes! You can get around the cover problem with these.

Oh, my promissory note is embossed with the revenue stamp, and is Scott #RM179

Image Not Found
The image is a negative of the actual revenue stamping to bring out the details.

My thanks to the seller who provided me with the images so that I can use them to show the note as it is a bit fragile.

A look through the Scott US Specialized catalog shows many RM listings. Many of them are not all that expensive. The problem is trying to find them. This is the first one that I ever saw. I told a dealer friend about my find. He said that he has never seen anything from the Scott RM listings.

Like
Login to Like
this post

"Author: Seasons of Fantasies and Dreams, The Whitechapel Fog"

www.hipstamp.com/sto ...
Members Picture
michael78651

Moderator, MT Member
10 May 2016
12:02:18am

re: Revenue Stamped Paper

Les, we often say if pictures could talk. Well, sometimes our little pieces of paper talk quite a bit! Great find on that check.

Like
Login to Like
this post

"Author: Seasons of Fantasies and Dreams, The Whitechapel Fog"

www.hipstamp.com/sto ...
Members Picture
dani20

10 May 2016
08:25:29am

re: Revenue Stamped Paper

And that, dear friends, is why my wife looks down upon my collecting habits and extols those of the historical persuasion. Outstanding stuff guys, much appreciated.
Respect,
Dan C,
Accumulator

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likes this post.
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Members Picture
vinman

10 May 2016
10:50:34pm

re: Revenue Stamped Paper

Nice finds Michael and Bluparrot,
That's one of the things I like about this hobby, learning history about the people on our covers and other ephemera.
Vince

Like 
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"The best in Big Band and Swing Music WRDV.org"

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Jake6

07 Jul 2016
10:33:22pm

re: Revenue Stamped Paper

Oh man, I sense another addiction coming on. How cool is that!

Matt

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BenFranklin1902

Tom in Exton, PA
08 Jul 2016
09:04:00am

re: Revenue Stamped Paper

"And that, dear friends, is why my wife looks down upon my collecting habits and extols those of the historical persuasion. "



Yup, mine finds my stamp collection absolutely boring. But she can sit and watch "Dancing With The Stars" and "The Bachelor", both shows that make me want to stab myself. Then she gets mad, "You never watch TV with me!"



Like 
1 Member
likes this post.
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"Check out my eBay Stuff! Username Turtles-Trading-Post"
        

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