LOT #47028 |
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1856 Aetna Life Insurance "Slave Policy." ...
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Sold on Oct 19, 2022 for:
$18,750.00
Bid Source: HA.com/Live bidder
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Description
1856 Aetna Life Insurance "Slave Policy." Two partially printed pages, 8" x 13.75", Lexington, Kentucky; January 24, 1856. Aetna Life Insurance Company Policy No. 91 issued to one J. D. Champlin of Fayette County, Kentucky. It insures the enslaved Henry, a 35-year-old drayman, for $500 for the term of one year. The premium for this coverage was $16.25 per annum. Enslavers often took out insurance on their "property," an enslaved person. Yet almost no slave policies survive. This is a rare example, even rarer in that the insurer remains a household name and dominant player in the insurance industry today. This item previously sold for $3,800 in 2011. Docketing panel on verso.Condition: Dampstaining throughout with some light wrinkling. 4" closed tear to page with docketing with tear crossing only one word. Open tear to one corner that does not affect any text. Smoothed folds.
Auction Info
2022 October 19 Historic African Americana Signature® Auction #6248 (go to Auction Home page)
Auction Dates
October, 2022
19th
Wednesday
Bids + Registered Phone Bidders: 19
Lot Tracking Activity: N/A
Page Views: 748
Buyer's Premium per Lot:
25% on the first $300,000 (minimum $49), plus 20% of any amount between $300,000 and $3,000,000, plus 15% of any amount over $3,000,000 per lot.
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