HARRY TRUMAN

$7000

PRESIDENT TRUMAN APPOINTS THE CHAIRMAN OF THE SECURITIES AND EXCHANGE COMMISSION

In this rare and unusual document signed as president, dated July 5, 1946, President Truman appoints Edmond M. Hanrahan as “a Member of the Securities and Exchange Commission for the remainder of the term expiring June 5, 1947.” Boldly signed at the conclusion by President Harry S. Truman, and countersigned by Acting Secretary of State Dean Acheson. The white paper seal affixed to the lower left remains intact. Hanrahan subsequently became chairman of the commission.

Includes a typed letter signed as president on White House letterhead, October 12, 1949, in part: “I am familiar with the considerations which prompt your desire to return to private business. In justice to you, therefore, I feel that I have no recourse by to accept, effective at the close of business on November third next, the resignation which you submitted today as a member and Chairman of the Securities and Exchange Commission. Your years with the Commission have indeed been fruitful in constructive results. Steady progress has been made in attaining the objectives for which the Commission was established. Regulations to protect the public interest have been strengthened and great strides have been taken under the Holding Company Act toward the ultimate integration and simplification of the vast utility empires under the Commission’s jurisdiction.”

Handsomely double-matted and framed together with a portrait to an overall size of 37.5 x 28. An interesting display, documenting the beginning and end of Hanrahan’s career as a member of the Securities and Exchange Commission. This is the first such SEC appointment we have seen.

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FAQ

Authenticating an autograph is a complex process that entails numerous factors such as the paper, ink, and penmanship. Comparing these elements to known examples is crucial in determining authenticity. If you lack experience in this area, it is highly recommended that you seek the assistance of professionals who can handle the task with expertise.

The value of an autograph is influenced by various factors, including rarity, condition, content, and association. Accordingly, assigning a general value to letters can be challenging. This uniqueness is what adds thrill to autograph collecting and makes pricing a demanding task.

The autograph market is subject to fluctuations like any other market and is sensitive to factors such as supply, demand, and the overall state of the economy. The autograph market differs from other markets as the availability, or supply, of autographs stops after an individual’s death. With the growth of the internet increasing the number of collectors and erasing geographical boundaries, there has been an upsurge in demand for autographs worldwide. Due to ongoing demand and limited supply, autograph prices have inevitably risen over the years, as witnessed by the Brams Collection. It is not advisable to invest in autographs for financial gain, as the autograph market is not especially “liquid” and does not pay dividends. Nevertheless, we believe that autographs are a stable financial investment that should increase in value over time. However, the rate of increase cannot be predicted or guaranteed with precision.

We have a vast collection of autographs and items that are currently not uploaded on our website. If you do not find what you are looking for, please get in touch with us and we will be delighted to search our inventory for you.

Many advise collectors to specialize in a particular area of interest. However, your collection should provide you with personal satisfaction, and not focus solely on making a profitable investment or following the current trend. Always aim for top-quality pieces within your budget, recognizing that items not reaching your standard will remain mediocre. As a collector, it is essential to understand the market and ask pertinent questions before purchasing. Forming a trusted relationship with dealers can help them find desirable pieces to add to your collection.

At Brams Collection, we pride ourselves on our extensive collection of authentic source materials. Our founder, Daniel Brams, is an expert in ink, paper, and penmanship, and has a deep understanding of the history of autographs and authentication techniques. We offer an unconditional guarantee of authenticity to the original purchaser, with no time limit. In addition, we promise competitive prices, prompt and courteous service, and a satisfaction guarantee.

If you have conducted a thorough search using accurate spelling of the name or subject, and are unable to locate the item you desire, please reach out to us via our contact page. Our team will diligently search our inventory for autographs or items that may align with your interests.

We accept a variety of payment methods including VISA, MasterCard, American Express, Discover, PayPal, debit cards, wire transfers, U.S. money orders, and checks drawn on American banks. For new customers, payment for purchases will be requested in advance. Existing clients are typically invoiced with a net 30-day payment term.