BRIGHAM YOUNG - CURRENCY SIGNED 01/20/1849 CO-SIGNED BY: THOMAS BULLOCK, HEBER C. KIMBALL, NEWELL K. WHITNEY - HFSID 50690

BRIGHAM YOUNG, HEBER C. KIMBALL, NEWELL K. WHITNEY and THOMAS BULLOCK. Partly Printed Note signed: "B. Young" as President of the Church of Jesus Christ of Latter Day Saints, "H.C. Kimball" as First Counselor, "N.K. Whitney" as Trustee and Bishop and "Thos. Bullock" as Clerk, 3¾x2.

Sale Price $4,037.50

Reg. $4,750.00

Condition: slightly soiled, otherwise fine condition
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BRIGHAM YOUNG, HEBER C. KIMBALL, NEWELL K. WHITNEY and THOMAS BULLOCK. Partly Printed Note signed: "B. Young" as President of the Church of Jesus Christ of Latter Day Saints, "H.C. Kimball" as First Counselor, "N.K. Whitney" as Trustee and Bishop and "Thos. Bullock" as Clerk, 3¾x2. Great Salt Lake City, 1849 January 20. Not numbered. In full: "Pay to N.K. Whitney or bearer one DOLLAR on demand." BRIGHAM YOUNG (1801-1877), as President of the Church of Jesus Christ of Latter Day Saints, authorized the printing of this Salt Lake City Valley note, originally payable to NEWELL K. WHITNEY (1795-1850), a Trustee and Bishop of the Church. This note, printed by Young's nephew, Brigham H. Young, was dated January 20, 1849, as were additional notes for 50 cents, one dollar and two dollars. The notes, intended to internalize money to fuel Young's powerful financial cooperative, were endorsed by Clerk THOMAS BULLOCK (1816-1885). On January 23, 1848, while in Nauvoo, Illinois, President Young, along with JOHN TAYLOR (1808-1887), designed the seal of the Twelve Apostles that was embossed on each valley note. The seal is detailed with 16 initials, "PSTAPCJCLDSLDATW", which stand for "Private Seal of the Twelve Apostles, Priests of the Church of Jesus Christ of Latter-day Saints, in the Last Dispensation, All Over the World". Taylor would later succeed Young as the Mormons' third President and spiritual leader. The Mormons later chose to print their currency rather than continuing the arduous task of hand writing the notes. Only nine months after this paper currency, which was 80 percent backed by the Mormon treasury's gold dust, was issued, it would be replaced with minted coins.During the currency exchange, very few notes escaped being burned by Bullock. Out of the $6,500 in existence, over half of the notes were destroyed. Young, a farmer and house painter, had joined the Church's most successful mission in England (1839-1841). He had become the second President of the Church in 1847, three years after its founder, Prophet Joseph Smith, Jr. (1805-1844), was murdered on June 27, 1844. During the interim, Young directed the Church's affairs and prepared the Saints to migrate to the Great Salt Lake Valley (1846-1847). Once in Utah, he established aggressive immigration and colonization programs that gathered European converts and established Mormon settlements throughout the Western U.S. Young also served as Governor of the Mormon's provincial "State of Deseret" (1849-1850) and of the Territory of Utah (1850-1857). HEBER C. KIMBALL (1801-1868), who had been an original member of the Council of the Twelve under Smith, served as First Counselor to President Young from 1847-1868. Slightly soiled. Fine condition. Framed in the Gallery of History style: 21¼x16½.

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