Merchant's Mark
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[edit] The Merchant's Mark
Merchant's Marks were the symbols adopted by artisans and townspeople of the early modern era[1] to identify themselves and authenticate their goods. These distinctive and easily recognizable marks often appeared in their seals[2][3] on documents and on products made for sale. They are often found on tombstones and in works of stained glass,[4] brass[5] and stone, serving in place of heraldic imagery, which could not be used by the middle classes.[6] They were the precursors of hallmarks, printers' marks[7] and modern-day trademarks.
To manage the risks of piracy or shipwreck, merchants often consigned a cargo to several vessels or caravans; a mark on a bale established legal ownership and avoided confusion. Early travellers, voyagers and merchants displayed their merchant's marks as well to ward off evil. Adventurous travellers and sailors ascribed the terrors and perils of their life to the wrath of the Devil. To counter these dangers merchants employed all sorts of religious and magical means to place their caravans, ships and merchandise under the protection of God and His Saints.
One such symbol combined the mystical "Sign of Four" with the merchant's name or initials. The "Sign of Four"[8] was an outgrowth of an early Christian symbol, Chi Rho (XP), standing for Christus Rex in Greek letters; this was simplified to a reversed "4" in Medieval times. The evolution of this symbol is shown in M. J. Shah's article.[9]
The "joint stock company" or limited liability company was another way to reduce a merchant's risks of loss of ships and merchandise from dangerous voyages and travel. By royal charter a merchant's personal liability was limited to the amount of his own investment. If a voyage succeeded the gains accrued to all of the investors in proportion to their invested capital shares. We sometimes say, "You can pay me when your ship comes in." Modern institutions, corporations and trademarks, find some of their origins in these symbolic and legal devices for limiting physical and pecuniary risks.
[edit] The East India Company's Merchant's Mark
When the East India Company was chartered by Elizabeth I, Queen of England in 1600 it was still customary for each merchant or Company of Merchant Adventurers to have a distinguishing mark which included the "Sign of Four" and served as a trademark. The East India Company's mark was made up from a '+', a '4' and the initials EIC.
This mark forms the central emblem displayed on the Scinde Dawk postage stamps. Also, it was a central motif of the East India Company's coinage.
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[edit] References
- ^ Sylvia L. Thrupp, The Merchant Class of Medieval London (1300-1500). U. Chicago (1948).
- ^ http://medievalwriting.50megs.com/decoration/seal6.htm Medieval Writing
- ^ http://www.traces.nu/artefacts_collection_medieval_seals.htm Ancient Art Gallery, Merchant's mark with moon and star
- ^ http://www.cvma.ac.uk/content/books/browne/browne2.htm Corpus Vitrearum Medii Aevi - Browne's Chapel
- ^ http://medievalwriting.50megs.com/decoration/seal6.htm| Medieval Writing
- ^ http://www.houseofnames.com/xq/asp/keyword.merchant%27s+mark/qx/symbolism_details.htm
- ^ http://spencer.lib.ku.edu/sc/ptrsmark.shtml University of Kansas Libraries. Kenneth Specer Research Library. Special Collections.
- ^ D. Christison, "The Carvings and Inscriptions on the Kirkyard Monuments of the Scottish Lowlands; particularly in Perth, Fife, Angus, Mearns, and Lothian," in Proceedings of the Society of Antiquaries of Scotland, Volume 36 (1901-02): Fig. 114, p. 117.
- ^ http://www.geocities.com/mjshah.geo/scinde/scinde.html Scinde District Dawks - The Premier Stamps of Asia