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War of 1812 Privateer Ship Stock Certificate [134116]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:250.00 USD Estimated At:500.00 - 1,000.00 USD
War of 1812 Privateer Ship Stock Certificate  [134116]
SOLD
1,250.00USDto C*****t+ buyer's premium (312.50)
This item SOLD at 2021 May 13 @ 12:48UTC-7 : PDT/MST
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Fantastic! No. 113, scrip for 20 shares, issued to Simon Lyman in New York, Nov. 10th, 1814. Signed by Noah Brown and AAH Brown as agents. Signed on the back by Lyman. $500 gives Lyman 20 shares of the "Private Vessel of War, Warrior" under the command of Guy Champlin, "and also to 20 shares of whatever Prizes, Prize-Goods and Monies, that may be taken by said Vessel." Black print and vignette of ship. 4 x 6.75" Folds.

The privateer ship Warrior was built for use in the War of 1812 by brothers Noah and Adam Brown, who were noted shipbuilders in New York City. During the War of 1812, they constructed the privateers General Armstrong, Paul Jones, Prince de Neufchatel, Warrior, Yorktown, and Zebra at New York and were then contracted to construct military vessels for the U.S. Navy.

The Warrior was a 430-ton armed privateer brig built on the swift pilot boat model. It carried 21 guns and a 150 man crew. The Warrior was commanded by Guy R. Champlin, a respected and feared War of 1812 captain. The ship captured the brig Hope in 1814 (depicted in an oil painting by Thomas Birch now at the Smithsonian), the 4-gun convict transport Francis and Eliza in January 1815, the 8-gun Neptune, the brig Dundee, and an unknown schooner.

Privateer ships were a necessary way for the US to beef up its Navy while fighting the British. The same tactic had been used during the Revolutionary War. President Madison issued 500 letters of marque authorizing privateers. It is estimated they were responsible for capturing and sinking as many as 2,500 British ships and doing approximately $40 million worth of damage to the British economy.

Date: 1814
Country (if not USA):
State: New York
City: New York
Provenance: Ken Prag Collection