The U.S.S. Constitution is a wooden-hulled three masted heavy frigate of the United States Navy. Named by President George Washington after the Constitution of the United States of America, the frigate is the world's oldest floating commissioned naval vessel. Launched in 1797, the USS Constitution was one of six original frigates authorized for construction by the Naval Act of 1794 and the third constructed out of the six.

The Constitution is most famous for her actions during the War of 1812 against Great Britain when she captured numerous merchant ships and defeated five British warships. It was after a battle with the HMS Guerriere, that the Constitution was nicknamed "Old Ironsides." The frigate's popularity inspired public outcry anytime the subject of scrapping came up, repeatedly saving it from being dismantled. Today, the Constitution serves as an historical symbol of the Navy's role in war and peace. The frigate is the oldest commissioned vessel afloat in the world.

This rare, original receipt is in excellent condition and dated August 27, 1798. It was issued to confirm the receipt of $66.66 for the rental of a piece of land occupied in building the frigate, Constitution. A partially printed document, issued in Boston, Commonwealth of Massachusetts. $16,000.00