USA R5c REVENUE STAMP LEAP YEAR RIGGS & CO BANK CHECK WAHSINGTON DC 1864

Item Specifics

Country

United States

Condition

Unused

Stamp Format

Single

Item Description

Condition: Please see description & scans for condition.

USA R5c REVENUE STAMP LEAP YEAR RIGGS & CO BANK CHECK WAHSINGTON DC 1864

USA R5c REVENUE STAMP LEAP YEAR RIGGS & CO BANK CHECK WAHSINGTON DC 1864

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Description

_USA Scott R5c revenue stamp with March 1 1864 CBC pen cancel (the check is dated February 29, 1864) on Riggs & Company (nice vignette at left) check payable to Joseph Jones in the amount of $206.67. Signed by Charles B. (Calialy?) Endorsement and handstamp on reverse side. The Riggs & Co Bank has an illustrious history and today it serves as a hotel._

_Twenty three Presidents and their families banked with Riggs, including Martin Van Buren, John Tyler, Abraham Lincoln, Ulysses S. Grant, Dwight D. Eisenhower, and Richard Nixon. Accounts were also held by Senators Henry Clay, John C. Calhoun and Daniel Webster, American Red Cross founder Clara Barton and suffragist Susan B. Anthony. __The bank described itself as "the most important bank in the most important city in the world". _Riggs Bank was involved in many important moments in U.S. history.

In 1845, Riggs financed Samuel Morse's invention of the telegraph. _In the 1860s, the bank financed Robert Peary's first expedition to the North Pole and the expansion of the United States Capitol while in 1868, the bank provided $7.2 million in gold towards the purchase of Alaska. __In 1896, after accepting a government charter, "Riggs National Bank" was formed and Charles C. Glover was named president. __In 1909, the president of the bank presented to the United States Congress an economic plan that resulted in the establishment of the Federal Reserve in 1913. __During the Great Depression, Riggs director Robert V. Fleming acted as adviser to President Franklin D. Roosevelt._

_Beginning in the early 20th century, the bank embarked on a successful project to attract embassies and diplomats as customers and by 1950 most embassies in Washington were customers of the bank._

_Normal punch cancel, some general wear & toning. Fine+ condition._

_Base s__hipping is $3.00 domestic and $4.00 international. Purchases at/over $49.95 must be insured. All items/orders selling for over $49.95 will be based upon final sale price. Seller will combine multiple purchases. __Please wait for an __invoice from seller before making payment._

_Please take a look at my other listings. There is a clickable link to view a larger picture. The scans accurately reflect the condition yet if you have any questions please feel free to ask. Check out the store listings! _

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Seller Information

Seller

postcardplace (631)

Registered Since

09/28/2010

Feedback

99.8%

Store

Postcards & Postal History

• Sales

Item Location

Florida, United States

Ships To

Worldwide

Returns Accepted

No