The Signet Society of Harvard University was founded in 1870 by members of the class of 1871. The first president was Charles Joseph Bonaparte. It was, at first, dedicated to the production of literary work only, going so far as to exclude debate and even theatrical productions. According to The Harvard book
It seemed to the founders that there was room in the College world for another association that should devote itself more exclusively to literary work than is possible with large numbers. Accordingly, they confined the membership to a few, and required that new members shall be, so far as possible, "representative men," and that at least five should be in the first half of their class.
After a few years in quarters on university property, the Signet moved to an off-campus location at 46 Dunster Street.
The Signet celebrates most of the arts, including music, the visual arts, and theater. Members are active in most undergraduate publications. Many undergraduate Signet members are in other Harvard College artistic and literary organizations, including the Harvard Advocate, the Hasty Pudding Theatricals, the Harvard Crimson, the Harvard Lampoon, the Harvard Radcliffe Orchestra, and the Harvard Radcliffe Dramatic Club. It admits both men and women without prejudice, unlike final clubs. Membership dues are required, but are pro-rated by Harvard's financial aid calculations, allowing all members of the college community to be considered for membership. Harvard faculty and administrators have been and are Signet officers, associates, and members.
The opening remarks of the Signet's minutes state: "On Tuesday evening, November 1, 1870, a meeting was held at 10 Grays Hall preliminary to the organization of a senior society, which was to afford to a select number a pleasant means of intercourse with each other, not to be expected from the illiberal policy of the only society of reputation existing." This "illiberal policy" refers to the displeasure with which the founders of the Signet greeted the established Final Clubs. These first members formed the society's admissions criteria to transcend the social politics that they perceived as dominating in the Final Club system.