LOT #67006 |
Current Bid: $1
Government of Texas $20 Note with Sam Houston Secretarial Signature....
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Description
Government of Texas $20 Note with Sam Houston Secretarial Signature. Single sheet, 7 1/4 x 3 inches, Houston, Texas; November 15, 1838. A $20 Government of Texas note, "No. 2398" redeemable at ten percent interest per annum with President Sam Houston's secretarial signature. Additionally signed by Henry Smith as Treasurer. Decorated with a vignette of Minerva with a shield and spear at left and Liberty clutching a spear and reclining on cotton bales at upper right. The shield which Minerva leans upon contains a star with six points.These notes were payable twelve months from date of issue and bore 10% interest in the meantime. However, unlike the United States' gold, silver, and copper coins, these notes issued by the Republic of Texas represented only a promise of future payment. As it became apparent that the Republic lacked the ability to pay out, their value plummeted.
Condition: Lightly toned with very minor edgewear. Three cut cancellations, including one through each signature.
Auction Info
2025 November 8 Historical Manuscripts including Texana Showcase Auction #30152 (go to Auction Home page)
Proxy Bidding Ends
November
8th
Saturday
12:50 pm CT
Auction Dates
November
8th
Saturday
Proxy Bidding Time Remaining
29 Days
11h 6m 27s
Internet/Mail Bids: 1
Lot Tracking Activity: 7
Page Views: 42
Buyer's Premium per Lot:
25% of the successful bid (minimum $49) per lot.
This lot is in: 1 -
Manuscripts Session
(Lots 67001-67182) - 1:00 PM Central Time, Saturday, November 8, 2025.
[Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live now starts within 2 hours of when the auction opens for proxy bidding and continues through the live session.]
Additional Location Info:
Heritage Auctions - Dallas
2801 W. Airport Freeway
Dallas, TX 75261
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