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MARK OF JOHN ROBINSON (II), LONDON, 1762,
Details
A LARGE GEORGE III SILVER TONTINE MUG,
MARK OF JOHN ROBINSON (II), LONDON, 1762,
Of baluster form with leaf-capped scroll handle & gadroon-edged spreading foot, the front inscribed with a list of names in a tontine of 9 names commencing with W.Lambton who died 22nd. November, 1724 & ending with H.Lambton who died 26th. June, 1761, the 9 names framed within a decorative rococo cartouche, 6¾ in. high (17 cm.), 22.75 oz.
MARK OF JOHN ROBINSON (II), LONDON, 1762,
Of baluster form with leaf-capped scroll handle & gadroon-edged spreading foot, the front inscribed with a list of names in a tontine of 9 names commencing with W.Lambton who died 22nd. November, 1724 & ending with H.Lambton who died 26th. June, 1761, the 9 names framed within a decorative rococo cartouche, 6¾ in. high (17 cm.), 22.75 oz.
Literature
"Some tontines commemorated on English plate"- Gale Glynn, The Silver Society Journal, No.8, Autumn 1996.
Special notice
VAT rate of 17.5% is payable on hammer price plus buyer's premium.
Further details
A tontine, named after the Neapolitan Lorenzo Tonti, was an annuity shared by subscribers to a loan, the shares increasing as subscribers die until the last survivor gets the lot, or alternatively until a specified date when the surviving subscribers share the proceeds. The subscriber could nominate either his own life or that of another on which it could run; the income could be paid to the subscriber or whomever he nominated whilst the original capital could be invested in numerous ways such as buying land.
This piece is discussed in the aforementioned article where the author points out that there is a space in the cartouche presumably left for the survivor, supported by the absence of any crest or armorial.
This piece is discussed in the aforementioned article where the author points out that there is a space in the cartouche presumably left for the survivor, supported by the absence of any crest or armorial.