Exchequer receipt signed by Pierre De Fraisinet, confirming payment from “Mr. Lancelot Burton.

London, 1711, June 15.

1 volume ; 20 x 31 cm

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Great Britain -- England -- London.

FAST ACC 272109

Purchase made possible by The Elizabeth L. Eisenstein Acquisitions Fund. From dealer's description: "Exchequer receipt signed by Pierre De Fraisinet, confirming payment from “Mr. Lancelot Burton, one of the receivers of the Contribution for Two Millions, the sum of four pounds eight shillings and four pence being the prompt payment of two hund[red] and fifty pounds the 2d. and 3d. part for five tickets...] [London, 15 June 1711.] Printed receipt, single sheet. Folio (19.5 x 30.5cm) completed in manuscript, signed at foot by “ P[ier]re ... De Fraisinet,” uncut, some negligible marginal dustiness, very good. The “Two Million Adventure” Lottery received royal assent 12 June 1711. With 20,000 tickets costing £100 each, five differ- ent classes of ticket with varying prizes, a top prize of £20,000, and a guarantee that every ticket would win a prize of at least £10, the project brought in much-needed funds for the govern- ment of Queen Anne (1665-1714) during the War of the Spanish Succession. The Bank of England acted as receiver, the money then being loaned to the government. This printed receipt dated 15 June 1711 records a payment from the finan- cier Lancelot Burton, one of the appointed receivers for this lottery, to Pierre De Fraisinet, a purchaser of five tickets.Ticket holders received interest payments in addition to the chance of winning prizes, “payable in course, with a certain increase of principal and interest, according to several classes”, in this case “with addition of chances for 106 days from the date hereof to the 29th of September, 1711. Inclusive, at 4d per cent. Perdiem ...” Ordered from Samuel Gedge, D9409, 2020-09-11, List - Firsts Online September 2020, item 289.

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