NOT SOLD (BIDDING OVER), HIGH BID WAS
1,000.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2011 Apr 12 @ 17:00UTC-7 : PDT/MST
“Winners will be notified after the auction ends and once all bids have been processed to determine the winner for each lot”
Fantastic, historically important autograph letter signed by James Madison, fourth President of the United States, regarding the election to determine the second President. According to Madison, late returns filed by the state of Virginia resulted in John Adams securing more votes than his opponent, Thomas Jefferson. Apparently, Jefferson did not contest the results, and took the second position of Vice President instead -- the only time in our nation's history when the President and Vice President were from opposing political parties. Letter dated 18 January 1797 to an unnamed recipient reads in part, ''Dear Sir, W. Mason and myself lately recd your packets of London papers by Mr. Alex. Hamilton, which were very acceptable as they brought in the the earliest accounts of the important articles contained in them…This country is extremely agitated by pecuniary distresses, and the mercantile ones which begin to thicken on it. The unfortunate Treaty intended to appease our nation is bringing us into trouble with several. You will see that Mr. H. of Rep. is engaged on the question of a direct tax. The result is a problem not yet to be solved. It is expected that the executive will communicate in a few days a [?] of the embassy with France. After a warm contest for the succession to Gen'l W[ashington] the vacancy will be filled by Mr. Adams. He has 71 votes & Mr. Jefferson 68. The division would be still even but for a failure of one of the returns from a County of this State [Virginia] in time to be counted. Other casualties in other States had a hand in favoring Mr. A. Mr. Jefferson, it is now known, will serve in the secondary place allotted him…'' Signed at the conclusion ''J. Madison Jr.'' This first Presidential election (George Washington was uncontested) set the stage for acrimonious, or ''warm'' political contests, with a purported covert campaign by Alexander Hamilton to sway southern voters to pledge their second vote to Thomas Pinckney, which Hamilton and his supporters hoped would catapult Pinckney to the Presidency over Adams. Though unsuccessful, the election was extremely close and, as this letter shows, should have resulted in a tie with Thomas Jefferson perhaps becoming the 2nd President of the United States should there have been a recount! Exceptional, museum-worthy letter from America's embryonic days as a democratic republic. Two page letter, front and verso, measures 8'' x 10''. In very good to near fine condition with bleedthrough of ink and expected mailing folds.
Auction Location:
11901 Santa Monica Blvd. #555, Los Angeles, California, 90025, United States
Sales tax is 9.75% on all shipments to a CA address ( Coin sales over $1500 are exempt.) All taxes will bedetailed via Nate D. Sanders invoice.
Taxes:
| Tax | Rate | Desc. |
| stx |
9.75% |
sales tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20% |
Additional Fees:
Shipping Details:
Shipping instructions will be provided via Nate D. Sanders Invoice
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No Info Available
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“Winners will be notified after the auction ends and once all bids have been processed to determine the winner for each lot”
As used herein the term “bid price” means the price at which a lot is knocked down to the purchaser and the term “purchase price” means the aggregate of (a) the bid price, (b) A PREMIUM PAYABLE BY THE PURCHASER OF 20% OF THE BID PRICE and (c) California state or local sales tax.
This is an Online, Mail, Phone, Email and Fax Bid Auction. As of closing time, the highest bidder shall be deemed to have purchased the offered lot in accordance with all of the conditions set forth herein and thereupon (a) assumes full risk and responsibility therefore (b) if requested will sign a confirmation of purchase, and (c) will pay the purchase price in full or such part as we may require for all lots purchased. No lot may be transferred. All property shall be shipped at the purchaser’s expense. Each sale made pursuant to these Conditions of Sale will be deemed to constitute a grant of a security interest by the purchaser to us in, and we may retain as collateral security for the purchaser’s obligations to us, any of the purchaser’s property in our possession, and we may apply against such obligations all monies held or received by us for the account of, or owing to, the purchaser. Whenever the purchaser pays only a part of the total purchase price for one or more lots purchased, we may apply such payments, in our sole discretion, to the lots we chose. Payment will not be deemed made in full until we have collected all amounts due in cash or good funds represented by cleared checks or cashier checks. If the foregoing conditions or any other applicable conditions herein are not complied with, in addition to other remedies available to us and the consignor by law, including but without limitations, the right to hold the purchaser liable for the purchase price, we at our option may either (a) cancel the sale, retaining as liquidated damages all payments made by purchaser or (b) resell the property, either publicly or privately, and in such event the purchaser shall be liable for the payment of any deficiency plus all costs and expenses of both sales, our commission at our standard rates, all other charges due hereunder, attorney’s feel and incidental damages.
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The Arbitrator shall be empowered to order specific performance and to award consequential damages and pre-award interest, but shall not be empowered to award punitive damages. The arbitration shall be governed by the U.S. Arbitration Act, 9 U.S.C. 1-16, and judgment upon the award rendered by the Arbitrator may be entered by any court having jurisdiction thereof. Each party shall bear its own attorney’s fees and expenses in connection with such proceedings and shall bear one-half of the Arbitrator’s fees and expenses.
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We accept bids in advance of sale by Web, Telephone, Email, Fax or Mail. “Buy” bids will not be accepted; all bids must state the highest bid price the bidder is willing to pay. As noted above, a premium payable by the purchaser will be added to the bid price. In the event identical bids are submitted, the earliest will take precedence. We assume no responsibility for failure to execute these bids for any reason whatsoever.
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