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Auction: 26066 - Historical Documents, Autographs and Ephemera
Lot: 1141

England
National Debt
1704 A receipt for an interest payment of £3.10s (6%) from a £100 loan given to Rachel, wife of Robert Wallis. Rachel was the daughter of William Fairfax, who signed this document on the reverse.

This document marks the beginning of a shift away from privately funded tontines towards government bonds at 6% interest, which was used to pay the national debt. This is still in use today.

Good condition. (37 x 25cm)

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Estimate
£120 to £150

Starting price
£100