Early American Bonds, Warrants and Fiscal Paper
1786 Early Partially-Printed Check on The Bank of North America Signed & Made to "Mr Reed" for $400
March 8, 1786-Dated Pre Federal Period, Partially-Printed Document Signed, "Duncan Ingraham Jun," being a Bank Check payable made to a "Mr Reed" on The Bank of North America, Philadelphia (PA.), Cut cancels, Choice Very Fine.
A historical financial document. The First "Bank of the United States" was a national bank, chartered for a term of twenty years, by the United States Congress on February 25, 1791. It followed the Bank of North America, which was the nation's first de facto central bank. Printed Bank Checks before 1800 are rare, and any dating before 1790 are exceedingly rare! Checks before 1800 are rare, with any Printed Checks before 1790 being extremely rare. There was no need to mention the actual "name" of the bank, since there was only ONE Bank in the entire country at that time, being The Bank of North America. Ingraham had served on General George Washington's staff and served as an Ambassador in Europe. This Check is very clean and has rich brown ink with sharply printed black text and has two standard fine bank cut cancels present.