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Auction: 26066 - Historical Documents, Autographs and Ephemera
Lot: 1135

England
18th Century
Annuities
A group of five annuities from varying periods of the 18th century. These are all early examples of state financing through the sale of 99-year bonds which paid regular interest. At a time of many European was, it was a useful method for financing an army.

There are two folded annuities made in early 1752, both for a quarterly payment of £50 to the bond holder. The holder of both documents was Joseph Holmes, who purchased one for £1202.14s.9d, and the other Holmes sold to Elizabeth Rockcliff for £1231.16s.6d.

Also, two large annuity documents, one to Abraham Cock who gave the annuity to the Lord Mayor of London (1738-39), Micajah Perry, for the benefit of his sisters, and the other to Thomas Cooke in 1707, who later became the Governor of the Bank of England.

Good to excellent condition. (30 x 37cm to 50 x 39cm)

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Estimate
£120 to £150

Starting price
£100