Colonial Currency Virginia June 8, 1757 Signed PEYTON RANDOLPH 5 Shil... Lot 116


Colonial Currency Virginia June 8, 1757 Signed PEYTON RANDOLPH 5 Shil... Lot 116

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Colonial Currency Virginia June 8, 1757 Signed PEYTON RANDOLPH 5 Shil... Lot 116:
$2000.00


LOT 116
Seller\'s Estimate: USD 2,400 - 2,800

Very Rare June 8, 1757 Virginia Assembly Act Note Signed by Peyton Randolph, First Continental Congress President
Virginia. June 8, 1757. Five Shillings. Signed by Peyton Randolph (1721-1775), First President of the Continental Congress, elected on September 5, 1774 and serving till May 10, 1775, PCGS graded Fine-12.
Fr. VA-8. One of the earliest Virginia Colonial Currency issues, this very low 5s denomination would have seen heavy circulation. It is one of perhaps a handful existent, and is the first Five Shillings denomination we have offered, certainly needed in most all collections. This Rare \"Genuine\" note was fully issued having a uniface design. It is well centered, printed in black upon a thin laid period paper. Noted on its holder for having apparent splits, tears and minor damage, backed. The blank reverse is Contemporarily backed and is free of any notations or other detractions. Serial number 22169 is boldly written. The 5 Shillings denomination was only required to have one signature, in this instance it is Signed by Peyton Randolph. The first name \"Peyton\" is heavily worn and obscured and the \"R\" of his last name is written on a heavy centerfold and is not visible, however \"andolph\" is clearly readable, being written in rich brown ink. Genuine, authentic notes on this early Virginia Colonial paper money issue are considered extremely rare. None on this issue are listed with any valuations in either the Friedberg or Newman Colonial Currency references due to their rarity.
PEYTON RANDOLPH. Randolph was Speaker of the Virginia House of Burgesses, Chairman of the Virginia Conventions, Governor of Virginia and served as the President of the Continental Congress. Virginia selected Peyton Randolph as one of its delegates to the Continental Congress in Philadelphia in 1774 and 1775. Fellow delegates elected him their President (Speaker) of both the First Continental Congress (which requested that King George III repeal the Coercive Acts) as well as Second Continental Congress (which extended the Olive Branch Petition as a final attempt at reconciliation). However, Randolph fell ill during each term. Henry Middleton of South Carolina succeeded him as President from his resignation on October 22, 1774 until his return on May 10, 1775. Randolph suffered a fit of apoplexy and died in Philadelphia on October 22, eventually succeeded by John Hancock of Massachusetts as President of the Continental Congress. The President of the Continental Congress was the presiding officer of the Continental Congress, the convention of delegates that emerged as the first national government of the United States during the American Revolution. The President was a member of Congress elected by the other delegates to serve as an impartial moderator during meetings of Congress. Designed to be a largely ceremonial position without much influence, the office was unrelated to the later office of President of the United States. Fourteen men served as President of Congress. The first was Peyton Randolph, who was elected on September 5, 1774, to preside over the First Continental Congress. When the Second Continental Congress convened on May 10, 1775, Peyton Randolph was again chosen as President, but he returned to Virginia two weeks later to preside over the House of Burgesses.

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Autographs-Coins- Currency-Americana offered by Early American
Saturday, October 21, 2017 | 09:00AM GMT-07:00
Rancho Santa Fe, California, USA

Colonial Currency Virginia June 8, 1757 Signed PEYTON RANDOLPH 5 Shil... Lot 116:
$2000.00

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