One of only three known United States loan certificates made out to
George Washington in 1792 and endorsed with his signature on the back
will be offered at auction in October.
The loan certificate will be offered by Archives International LLC
during the Wall Street Coin, Currency and Collectibles Show Oct. 17 to
19. The auction and show will be held at the Museum of American
Finance on Wall Street in New York City.
This loan certificate is the only one available to the public,
said Robert Schwartz of Archives International LLC. It has an
estimate of $35,000 to $70,000.
The loan certificate in the auction, No. 335, is dated Jan. 17,
1792, and is made payable to “George Washington, Esqr of the County of
Fairfax [Virginia] or his assigns.” The loan certificate was for
$123.99 and would bear an annual interest rate of 6 percent.
This loan certificate was part of the first series of loans
granted through Treasury Secretary Alexander Hamilton’s plan for the
new federal government’s assumption and consolidation of state and
“Stocks and bonds of any type issued to and signed by Washington
are of extreme rarity,” Schwartz said.
Visitors to the show and auction can see one of the other two
examples of loan certificates issued to Washington, because No. 336 is
in the Museum of American Finance. The third known piece, No. 353, is
in the archives of the George Washington University Library, according
For more information, contact Archives International LLC at