Ardmore-based rare documents dealer selling Hamilton letters

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Tuesday, May 9, 2017
(The Raab Collection)
wpvi-The Raab Collection

PHILADELPHIA (WPVI) -- Ten letters by Alexander Hamilton documenting the birth of the U.S. financial system are for sale in the Philadelphia area.

The letters are valued at $150,000. They span Hamilton's term as President George Washington's treasury secretary and relate to the founding of the Treasury, the establishment of the Bank of the United States and war in Europe.

Among them is a 1789 letter ordering the implementation of the first public loan by the U.S. government.

October, 14 1789: Alexander Hamilton Issues Orders to Implement the First Public Loan Taken By the Government of the United States, Which Financed the First US Government Operations

Oct. 14, 1789
The Raab Collection
Oct. 14, 1789
The Raab Collection
Oct. 14, 1789
The Raab Collection
Oct. 14, 1789
The Raab Collection

The Rabb Collection, a rare-documents dealer based in Ardmore, Pa., is selling the letters individually.

Prices range from $14,000 to $30,000.

August 4, 1793: Alexander Hamilton Urgently Sends Out His and President Washington's Rules on Neutrality, As War Erupts in Europe; With the Original Rules Themselves Still Present

Aug. 4, 1793
The Raab Collection
Aug. 4, 1793
The Raab Collection

December 23, 1789: Secretary of the Treasury Alexander Hamilton Issues an Opinion on the Distinction Between Foreign and Domestic Trade

December 23, 1789
The Raab Collection
December 23, 1789
The Raab Collection
December 23, 1789
The Raab Collection

The letters previously belonged to a family in New England.

Raab Collection President Nathan Raab says it's exciting and rare to find 10 letters of Hamilton all written while he was secretary of the Treasury and related to the founding of the nation's financial system.

ONLINE: Alexander Hamilton Letters For Sale

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The Associated Press contributed to this report.

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