2657A
NY. Kinderhook. Peticoat Diplomatic Bank. $50. 1829-30. About Good, split, and
Currency:USD
Category:Coins & Paper Money
Start Price:1.00 USD
Estimated At:300.00 - 600.00 USD
SOLD
225.00USDto floor+ buyer's premium
This item SOLD at 2006 Dec 13 @ 16:12UTC-05:00 : EST/CDT
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A full invoice should be emailed to the winner by the auctioneer within a day or two.
<B>NY. </B><I>Kinderhook. </I>Peticoat Diplomatic Bank. <B>$50. </B>1829-30. New York State arms. Washington, eagle, flag, and cornucopia, left. Washington above and below 50, right. Printed signatures of ``Mrs. Digested Ingham'' and ``Mrs. Isolated Eaton''. In 1829, Andrew Jackson was popular, but politically inexperienced. When he took office, he discovered that most of his cabinet members were more loyal to Vice President John C. Calhoun, then to Jackson. Fortunately, Secretary of War John H. Eaton was one of Jackson's personal friends. Eaton had recently married a young widow, Peggy O'Neale, whose late husband's death was rumored to have been a suicide prompted by her affair with Eaton. The wives of the other cabinet members ostracized Mrs. Eaton on the basis that her ``venal urbanity'' was beneath them. Jackson, whose own late wife had been the subject of vicious rumors, considered it his gentlemanly duty to stand by his friend, and his friend's wife. The other cabinet member who sided with Jackson on this issue was Martin Van Buren, who, along with Eaton, resigned.This allowed Jackson to dissolve the entire cabinet and replace them with men entirely free of Calhoun's influence. Jackson and Van Buren became very close, and Van Buren was Jackson's Vice Presidential choice in 1832. This whole matter became known as the ``Petticoat Affair''. This note was obviously circulated by Jackson's detractors.
<B>About Good,</B> split, and backed, but virtually all there.
Auction Location:
2 Rector Street, 12th Floor, New York, New York, 10006-1844, United States
Previewing Details:
Lots are available for viewing in Smythe’s offices at 2 Rector Street, 12th Floor, on the following days during the hours listed:
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December 11, 9 am - 4 pm EST
December 12, 9 am – 6 pm EST
December 13, 9 am – 1 pm EST
Taxes:
| Tax | Rate | Desc. |
| NYST |
8.38% |
NYC Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20% |
Additional Fees:
Shipping Details:
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