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Auction: 14016 - Bonds and Share Certificates of the World
Lot: 361

Exchequer receipt, December 1711, for £26.11.9d for 15 months interest on £500 lent to the Exchequer on the security of, and repayable from, the sale of "Her Majesty's Tin", signed by Charles Spencer, Earl of Sunderland, black, very fine with negligible trimming, ink cancelled and a lovely example of this scarce issue.

Charles Spencer, Earl of Sunderland, "Prime Minister" at the time of the South Sea bubble and thereby forced to resign. Tried for allegedly taking a £50,000 bribe in South sea stock but exonerated in a political move to save Walpole's government.

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Sold for
£350