April 12, 2024
1892 1893 Circular Letters of Credit Brown Shipley Brown Brothers Old Paper
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You are bidding on a neat old item which I think is an early form of traveler's checks. � The two Circular Letters of Credit were found in the old Travelers Information wallet. � Wallet is dated 1892. � The earlier letter is dated October 14, 1892 London for Martha Lee and Alice Lee for One Thousand pounds sterling. � The second letter is dated January 3, 1893, Philadelphia for Samuel Lee and for same amount. � That seems like a lot of money for the time. � Each document has 4 pages. � First is the letter of credit. � Second page is the Ledger for the draws taken. � Third page continues the ledger and lists where the banks are located in Europe. Last page continues list of banks for Europe, Asia, and Africa. � The main page is blue and some of the signatures are signed in brown ink. � The wallet is in fair to poor condition but was the place where the documents were found. � The documents themselves are in pretty good shape considering the age....120 years......not sure who the "Lee" family was but must of had some wealth.
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