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    Description

    [Republic of Texas]. Consolidated Fund of Texas $1000 Bond Certificate. One partially printed page, 11" x 8.75". Printed by S. Whiting, Printer:: Austin, Texas. Certificate No. 6228, issued on July 29, 1842 in Austin to "Wm H Pope...Ten shares, of the sum of One Hundred Dollars...bearing an interest at the rate of ten per centum per annum, from the First day of September 1841." Endorsed by Pope on verso. Clean cancellation cuts are present at the bottom of document. Consolidated Fund certificates are much less common than Public Debt certificates. A previous unengrossed example of a variant consolidated fund certificate was sold at Heritage Auctions for $2031 in 2009.

    Consolidated funds of Texas were authorized by a June 7, 1837, Act of Congress entitled "An Act to authorize the consolidation and funding the Public Debt". These stocks bore interest at the rate of "ten per centum per annum..." and were redeemable after September 1, 1842.

    Condition: Flattened folds, minor foxing, small cut on left vertical edge, with cancellation cuts. Otherwise a very good to near fine example of a scarce Texas bond.


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    Auction Dates
    March, 2018
    17th Saturday
    Bids + Registered Phone Bidders: 3
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