1840 Republic of Texas $100 Certificate of Stock
DESCRIPTION
Beautiful certificate of stock from the Republic of Texas in 1840, with detailed illustrations of n old water mill and a maiden from Greek mythology amidst the script and ornate 100 markings.
Signatures and other text still clean and clear, and cut and cancellation marks previously repaired with archival tape on reverse.
Find history & context below.
DETAILS & MEASUREMENTS
No. 102
Dated April 23, 1840
Measures 10" width x 7.5" length
Good condition, with some repairs on the verso side
Repaired with archival tape on back on the cut and cancellation marks
Very little wear to edges, surface, other than original cancellation marks
Unframed in clear plastic protective sleeve
DESCRIPTION
Beautiful certificate of stock from the Republic of Texas in 1840, with detailed illustrations of n old water mill and a maiden from Greek mythology amidst the script and ornate 100 markings.
Signatures and other text still clean and clear, and cut and cancellation marks previously repaired with archival tape on reverse.
Find history & context below.
DETAILS & MEASUREMENTS
No. 102
Dated April 23, 1840
Measures 10" width x 7.5" length
Good condition, with some repairs on the verso side
Repaired with archival tape on back on the cut and cancellation marks
Very little wear to edges, surface, other than original cancellation marks
Unframed in clear plastic protective sleeve
DESCRIPTION
Beautiful certificate of stock from the Republic of Texas in 1840, with detailed illustrations of n old water mill and a maiden from Greek mythology amidst the script and ornate 100 markings.
Signatures and other text still clean and clear, and cut and cancellation marks previously repaired with archival tape on reverse.
Find history & context below.
DETAILS & MEASUREMENTS
No. 102
Dated April 23, 1840
Measures 10" width x 7.5" length
Good condition, with some repairs on the verso side
Repaired with archival tape on back on the cut and cancellation marks
Very little wear to edges, surface, other than original cancellation marks
Unframed in clear plastic protective sleeve
➼ History & Context
The Texas government needed money to fund the establishment of their nascent systems, especially with the rise of inflation and the financial crisis running rampant across the U.S. and Texas through the mid-1840s, and began a variety of methods for drumming up the financial support needed.
Along with beginning to print their own currencies in 1837, the Republic of Texas issues Government Bonds and Certificates of Stock like this one.
Upon redemption, the representative of the Texas government cut into the paper to “cancel” the note and mark its compensation and keep them from being fraudulently re-submitted. Cut & canceled notes are highly sought-after and carry the marks of their handling and usage, and extremely few notes were never redeemed.