Benjamin Franklin's Revolutionary War loan document sells for $484,151
A notable promissory note, dated April 10, 1782, was sold for $484,151 at RR Auction's Spirit of '76 event, concluding on July 8. This significant artifact features dual signatures from Benjamin Franklin and represents a commitment by the United States to repay France 1.5 million silver livres, vital funding for the Revolutionary War. While serving as Minister Plenipotentiary in France, Franklin pledged, on behalf of the U.S., to reimburse the Royal Treasury. The document, crafted at Franklin's Passy press, symbolizes the initial payment of the final loan acquired from France during the conflict.
Key facts
- Sold for $484,151
- Twice-signed 1782 promissory note
- Completed entirely in Benjamin Franklin's hand
- Bound the United States to repay France 1,500,000 silver livres
- Executed on April 10, 1782
- Franklin was Minister Plenipotentiary of the United States in France
- Produced at Franklin's Passy press outside Paris
- Records the first installment of the final French loan of the Revolutionary War
Entities
Artists
Institutions
- RR Auction
- United States
- France
- Royal Treasury of His Most Christian Majesty
Locations
- France
- Paris
- Passy