Archives International Auctions Sale 64

Introduction to the Sale
Foreword
On behalf of the entire Archives International Auctions team, I would like to personally welcome you to our 64th auction
we have held over the last 14 years. We are excited to offer over 1100 lots of rare and desirable U.S., Chinese & Worldwide,
Scripophily, Coins, Historic Ephemera and Security Printing Ephemera. Included in the auction are numerous rare and
desirable items consigned from numerous estates and longtime collections with many having never been offered
previously at auction.
The auction will be held over one day and include over 940 lots of U.S. and World Scripophily; 29 lots of Historic Ephemera;
47 lots of Security Printing Ephemera; over 55 lots of U.S. & World Coins, Medals and Military Decorations; and ending with
29 lots of Checks, Drafts and Exchanges
We are now working on our Winter 2021 auction tentatively planned for the end of February to the beginning of march of
U.S. and World Banknotes, Coins, Scripophily and Security Printing Ephemera. We are actively seeking consignments for
our late Winter to Early Spring Auction, so please contact us to discuss how you may participate in our future auctions.
The team at Archives International Auctions would like to thank you for your participation during these interesting and for
some people difficult times. We hope we are adding a little fun and enjoyment to your life and that you are doing well,
staying healthy and staying safe. We look forward to seeing everyone again at upcoming shows and look forward to a
better upcoming year.
Best of luck
Bob Schwartz

Auction 64
featuring
U.S., Chinese & Worldwide Scripophily, U.S. & World Coins & Medals;
Historic Ephemera and Security Printing Ephemera; and Miscellaneous Items
Wednesday, January 27, 2021 in 2 Sessions
TO BE SOLD AT PUBLIC AUCTION: Lots 1 to 1114
Archives International Auctions
by
ARCHIVES INTERNATIONAL AUCTIONS, LLC
Numismatic and Philatelic Auctioneers
1060 Main Street
River Edge, New Jersey, 07661 USA
Phone: 201-944-4800 Facsimile: 201-839-3336
Email : info@archivesinternational.co
www.archivesinternational.com
SESSION 2 : Lots 949 to 1114 beginning no earlier than 5:00 PM EST
U.S. & World Ephemera & Security Printing Ephemera; U.S. & World Coins, Medals, & Military Decorations;
and, U.S. & World Checks, Drafts & Exchanges
Wednesday, January 27th, 2021
SESSION 1 : Lots 1 to 948, beginning at 11:00 AM EST
U.S. & World Scripophily – Automobiles; World; Railroads; Mining; Finance; Technology & other Topics

DR. ROBERT I. SCHWARTZ
President, Archives International Auctions
DESCRIPTIONS
Dr. Robert I. Schwartz
Mahdi Bseiso
Casey Abribat
CATALOG PRODUCTION
Leroy Mitchell – Vice President of Catalog Production and Director of Operations
David Conway, Robert Schwartz
Alfred Henry, Casey Abribat, Cara Walenza, Mahdi Bseiso
AUCTIONEER
Norman R. Scrivener, License #695072
I would also like to thank my good friends Norman Scrivener, Larry Schuffman, John Herzog, Russell Kaye, and Mahdi
Bseiso for their help, advice and moral support during the writing and production of this catalog. In addition, I want to
thank David Conway and Debra Schwartz for their amazing technical help in completing this catalog as well as keeping
their sense of humor throughout the entire cataloging time period. I would also like to acknowledge my hard-working
team at AIA for another great job and I especially want to thank Leroy Mitchell, for his continuous friendship and extreme
patience during the process of the completion of the sixty-fourth volume of the Archives International Auction Series.
Bob Schwartz

Sale 64 Wednesday, January 27th, 2021
BIDDING INFORMATION: Archives International Auctions Phone: (201) 944-4800; FAX: (201) 839-3336
BY TELEPHONE: Live phone bidding space is limited and is available on a first come, first serve basis. Please call us at
1-201-944-4800 to set up your bidding reservation. Phone bidding is limited to lots $200 and above..
BY FAX OR EMAIL: Bids may be Faxed to 201-839-3336 or emailed to info@archivesinternational.com up until 11:00 PM on January 26
otherwise your bids may not be entered on time.
BY SNAIL MAIL: Please mail bids to our 1060 Main St., Suite #202, River Edge, NJ 07661 USA office but please call to confirm
receipt. We suggest email or Fax since there is minimal time before the auction..
.
ABSENTEE BIDDING DIRECTLY THROUGH AIA: You still need to register to bid so please download the Registration-absentee bidding
form from our website or contact us and we will email you one. Phone bids can be accepted in emergency at 201-944-4800
LIVE INTERNET BIDDING THROUGH OUR WEBSITE: You may register to bid live online through our Archives International Live
bidding portal found on our website and iCollector.
VIA AN AUCTION AGENT: Please contact us to refer you to an agent to help you bid in the auction.
VIEWING TIMES AND APPOINTMENTS:
At our offices at 1060 Main Street., River Edge, NJ: By appointment only.
There will be a 22% Buyer’s Premium added through our Live and absentee bidding portal from our website or from
iCollector. Please be aware of the extra charge. If bidding through Invaluable or related companies, there is a 25% BP
added. Payment by Credit Card will have a 2% Surcharge added. Payment by PayPal will have a 4.5% Premium added,and
Bank wires will have a $15 charge added as well as all currency conversion and additional bank charges if applicable.
PLEASE NOTE: WE CANNOT ACCEPT OVERSEAS CREDIT CARDS FOR MORE THAN $1000 UNLESS YOU HAVE BEEN A
PREVIOUS CLIENT. WE CAN ACCEPT BANK WIRES FOR PURCHASES OVER $500 ONLY.
INSTRUCTIONS FOR PAYMENT BY WIRE TRANSFER:
Name of Bank: Bank of America ABA Routing Number: 026009593 Swift Code: BOFAUS3N
Account #: 0023 7766 9642 Account Title: Archives International LLC
SESSION 2 : Lots 949 to 1114 beginning no earlier than 5:00 PM EST
U.S. & World Ephemera & Security Printing Ephemera; U.S. & World Coins, Medals, & Military Decorations;
and, U.S. & World Checks, Drafts & Exchanges
U.S., Chinese & Worldwide Scripophily, U.S. & World Coins & Medals;
Historic Ephemera and Security Printing Ephemera; and Miscellaneous Items
Wednesday, January 27th, 2021
SESSION 1 : Lots 1 to 948, beginning at 11:00 AM EST
U.S. & World Scripophily – Automobiles; World; Railroads; Mining; Finance; Technology & other Topics

1060 Main Street, Suite 202
River Edge, New Jersey 07661
Phone (201) 944-4800 Fax (201) 839-1336
info@archivesinternational.con
www.archivesinternational.com

KEY TO CATALOG
SPECIMEN: An archival printing sample of a finished item, such as a stock certificate, banknote or stamp that is printed usually with “000000” serial numbers and
may have “Specimen” overprinted on it and be punch canceled to invalidate it and prevent its use surreptitiously. Specimens were kept for a number of reasons,
though usually as samples to give out to prospective customers to give them an idea of the type and quality of the work that the printing company was capable of
doing. Usually specimens were printed in limited amounts at the beginning of a printing run to evaluate the quality of the printing work and color combinations at
an early stage, rather than have an entire production run rejected due to some minor flaw that was not found until after the printing was completed.A specimen is
similar to the final product, printed on the same paper and in the same color.
COLOR TRIAL SPECIMENS: Sometimes specimens would be printed in numerous color combinations not used on the final note or evaluation before a final
printing.These are usually extremely rare.
PROOF: An initial pull or impression from a plate or die for evaluation of text, vignette, engraving, and esthetic appeal and to check for errors or faults.These
were usually printed on india paper mounted on card or printed on some form of paper or light card.The amount of proofs printed is usually extremely small and
usually number only a handful. Proofs allowed the printing company to evaluate the quality of the item being printed without having to go to the expense of making
final plates and finding out small errors that could have been repaired at an earlier stage. Usually, proofs are single impressions of banknotes, stamps, vignettes,
etc.Anything that was made into a plate, such as a sheet of I00 stamps could have had proof impressions taken from it. These would be called plate proofs (for
multiple images) versus die proofs (usually of a single or small amount of images).
COLOR TRIAL PROOF: A proof printed in a color other than the issued color.
ESSAY SPECIMEN or PROOF: A proposed design that was not used but may be similar or even totally different to a final approved design.An artist, engraver or
company may have proposed a number of different designs and color combinations to a client for his approval. If a design is rejected and never used, it could be
called an essay.
PRODUCTION MATERIAL: Material found in files used in the production of security printed documents, banknotes, stamps and such. It may include
correspondence, photographs, artwork, and signature samples, samples of other printed items that are marked up with corrections as well as proofs, specimens,
essays, models, mockups and issued final items.
MODEL: A proposed or final design that may include original artwork, pieces of design elements such as borders, titles, vignettes, corporate seals, undertints and
possibly portions of photographs. Before an engraved item was made, a design had to be decided on.This portion of the design process allowed for the artistic
skills of the engraver or design department to be exhibited. Before the “digital age”, banknote engravers and designers would cut up portions of other engraved
items and re-apply them in a different form or design to come up with a unique new stamp, banknote or certificate. Often, all new engravings or “vignettes” of
people or scenes would be engraved first to include in the new “work of art”, and other times, portions of different completed items would be “borrowed” to use on
a newly designed item.All models are rare and almost all of them are unique.
DESCRIPTION ABBREVIATIONS 1/C = Issued and Cancelled; 1/U = Issued and Uncancelled; POC = Punched out cancel
AMERICAN & ENGLISH PRINTERS
ABN - American Bank Note Company
NBN - National Banknote Company
CBN - Continental Banknote Company
W & S - Waterlow & Sons, Ltd.
BWC - Bradbury.Wilkinson & Co.
TDLR - Thomas De La Rue
BFL
ABN- American Bank Note Company
SBN - Security Banknote Company
SCBN- Security-Columbian Banknote Company
SC-USBN - Security-Columbian- United States Banknote Company
USBN - United States Banknote Company
JBN - Jeffries Banknote Company
Federated BN - Federated Banknote Company
Central BN - Central Banknote Company
NBN - National Banknote Company
CBN - Continental Banknote Company
WBN - Western Banknote Company
HBN - Hamilton Banknote Company
FBN - Franklin Banknote Company
EA WBN - EA Wright Banknote Company
HLBN - Homer-Lee Banknote Company
FLBN - Franklin-Lee Banknote Company
RBN - Republic Banknote Company
IBC - International Banknote Company
TDLR - Thomas de la Rue Banknote Company
BC - Bald Cousland
BBC - Baldwin, Bald & Cousland
DU - Danforth, Underwood
DUBS - Danforth, Underwood, Bald & Huffy
DW - Danforth, Wright
FDU - Fairman. Draper & Underwood
MDF - Murray, Draper, Fairman
RW - Rawdon, Wright
RWH - Rawdon, Wright, Hatch
RWHE - Rawdon, Wright, Hatch & Edson
TC - Toppan, Carpenter
TCC - Toppan, Carpenter; Casilear
UBS - Underwood, Bald & Spencer
UBSH - Underwood, Bald, Spencer & Huffy
* There will be some variation of names and abbreviations; Most are listed above
BIBLIOGRAPHY
1) Hessler,Gene.The Engraver’s Line
2) Cox, Terry. Stocks and Bonds of North American Railroads
3) Giswell, Grover. Confederate and Southern Stale Bonds
4) Friedberg R. Paper Money of the United States
5) Krause Publications. Standard Catalog of World Paper Money
6) Shull, Hugh. CSA Obsolete Banknotes, Scrip, Bonds, Checks and Paper
Americana
7) Haxby.James A. United States Obsolete Banknotes
8) Scotts. U.S Specialized Stamp Catalog
9) RCMS, lnc. Track and Price. U.S. Banknotes
10) Don C. Kelly. National Banknotes Census
11) Boling, Joe & Schwann, Fred.World War II Remembered
12) Smith & Matravers. 1970. Chinese Banknotes
13) Anderson.The Price of Liberty The Public Debt of the American Revolution
14) Hessler. Illustrated History of U.S. Loans: 1775-1898
THERE IS AN 18% BUYER’S PREMIUM ADDED
TO ALL SUCCESSFUL BIDS
BIDS
Up to $100
$101-300
$301-750
$751-1500
$1501-3000
$3001-7500
$7501-15000
$15001-30000
$30001-75000
$75001 and up
The above increments are simply provided as a guide for bidding uniformity.
The auctioneer retains the right to change the increments at his discretion when
bidding activity is particularly strong to expedite the sale, or he may break the
increments to accommodate an agent’s bid.
IF YOU HAVE SPECIFIC QUESTIONS:
Specific questions about any lot offered in this sale should be directed to either
Dr. Robert Schwartz or Leroy Mitchell. They can be reached by EMAIL at
info@archivesinternational.com; by TELEPHONE at 1-201-944-4800
or by FAX at 1-201-871-4345.
INCREASE
$5
$10
$25
$50
$100
$250
$500
$1000
$2500
Auctioneer’s discretion

U.S., Chinese & Worldwide Scripophily; U.S. & World Coins; Medals
Historic Ephemera; Security Printing Ephemera; and Miscellaneous Items
Wednesday, January 27, 2021
SESSION 1 - Lots 1 to 948 beginning at 11:00AM ET
U.S. & World Scripophily – Automobiles; World Scripophily; Railroads; Mining
Finance; Technology & other Topics
AUTOMOBILES & AVIATION………………………….........................................
BANKING, FINANCE & INSURANCE…………………………............................
BREWERIES, COMMUNICATION, COMPUTERS & INTERNET…...................
CONSTRUCTION & REAL ESTATE…………….................................................
CONSUMER GOODS, ENTERTAINMENT & FOOD & DRINK…......................
WORLDWIDE SCRIPOPHILY……………………………….................................
GUN POWDER, AMMUNITION & WEAPONS…...............................................
INDUSTRIAL & MANUFACTURING, LAND & REAL ESTATE…......................
MASONIC & FRATERNAL, MEDICAL & PHARMACEUTICAL, MILITARY…..
MINING, MISCELLANEOUS, NAVIGATION AND OIL & GAS……...................
OLYMPICS & SPORTS……………………………………….................................
RAILROADS………………………………............................................................
RANCHING, REAL ESTATE, SCANDALS, SPORTS…….................................
STATE & CITY………..........................................................................................
SUGAR & TOBACCO COMPANIES………………………..................................
TOY TRAINS, TURNPIKES & TRANSPORTATION, UTILITIES…....................
SESSION 2 - Lots 949 to 1114 beginning no earlier than 5:00PM ET
U.S. & World Ephemera & Security Printing Ephemera; U.S. & World Coins,
Medals & Military Decorations; and, U.S. & World Checks, Drafts & Exchanges.
HISTORIC EPHEMERA…………………………..................................................
SECURITY PRINTING EPHEMERA…...............................................................
U.S. COINS, MEDALS, TOKENS, & MILTARY AWARDS…..............................
WORLD COINS…………………………………....................................................
WORLD COINS, MEDALS, TOKENS & MILTARY DECORATIONS.................
CHECKS, DRAFTS & EXCHANGES……….......................................................
Table of Contents
1-50
51-87
88-120
121-123
124-155
156-359
360-367
368-385
386-391
392-476
477
478-872
873-878
879-914
915-926
927-948
949-978
979-1026
1027-1044
1045-1067
1068-1084
1085-1114

Archives International Auctions - Sale 64
1January 27,2021 Archives International Auctions www.archivesinternational.com
Scripophily - Automobiles &
Transportation
California
1
1 YellowTaxiCabCompany of LosAngeles 1920 I/UStockCertificate
Rarity California, 1920. 7 Shares I/U Capital Stock Certificate, Black text with green
border, Allegorical woman seated with shield and wreath at top center. Fine condition,
with some archivally reinforced folds and minor tears repaired. First time seen by us.
(Sold “AS IS”, no returns accepted)�� Est. $100-200
Delaware
2
2 Black White and Town Taxis, Inc. Stock Certificate Delaware, 1920s.
Odd Shares Specimen Temporary Stock Trust Certificate, Black text with blue border
and blue background. Red specimen overprints, 00000 serial number, and POCs. VF
condition, ABNC. �� Est. $90-140
3
3 Chrysler Corp., 1970-1985 Specimen Bond Quartet Delaware, lot of 4
pieces: $Odd Specimen 12 3/4% Registered Bond in brown; $Odd Specimen 10.35%
Secured Bond in purple; $Odd Specimen 13% Registered Debenture Bond in olive;
$Odd Specimen 8 7/8% Registered Sinking Fund Debenture Bond in purple. All have
red specimen overprints and POCs. VF condition, SCBN. (4)�� Est. $120-200
4
4 Templar Motors Corp. 1920 I/U Stock Certificate Delaware, 1920.
25 Shares I/U Capital Stock Certificate, Black text with brown and orange border,
gray undertint, Eagle at top center. Fine condition. Templar was a manufacturer of
automobiles in Lakewood, Ohio from 1917 to 1924. The company was named for the
Knights Templar and used a Maltese Cross as an emblem.�� Est. $55-100
Iowa
5
5 Winnebago Industries, Inc. 1989 Specimen Stock Certificate
Iowa, 1989. Odd Shares Specimen Stock Certificate, Black text with blue border and
underprint, Allegorical man with compass at top center. Specimen POCs, VF condition,
SC-USBN. Winnebago manufactures motorhomes, a type of recreational vehicle.
�� Est. $55-110
Michigan
6
6 Ford Motor Co. ca.1940-50’s Progress Proof Stock Certificate with
Facsimile Signature of Henry Ford II Detroit, MI. 1940-50’s Progress Proof
Stock Certificate, Black on white paper without border, Facsimile signature of Henry
Ford II as president. He took over in 1946 and took the company public in 1956. Images
of Henry Ford Sr. with old fashioned automobile flanked by modern city and road with
mountains over title. Ford Motor Company, commonly known as Ford, is an American
multinational automaker that has its main headquarters in Dearborn, Michigan, a
suburb of Detroit. It was founded by Henry Ford and incorporated on June 16, 1903.
The company sells automobiles and commercial vehicles under the Ford brand, and
most luxury cars under the Lincoln brand. �� Est. $100-160
Wednesday, January 27, 2021 lots 1 to 948
U.S., Chinese Worldwide Scripophily, U.S. World Coins Medals
Historic Ephemera, Security Printing Ephemera and Miscellaneous Items
Beginning at 11:00 am EST

2 January 27,2021 Archives International Auctions www.archivesinternational.com
7
7 Ford Motor Co., 1959 Production department Specimen Stock
Certificate Trio with Production Correspondence Michigan. Lot
includes 4 : 100 Shares Specimen Stock Certificate in green; Odd Shares Proof Stock
Certificate in red; 100 Shares Proof Stock Certificate in orange; 1959 Plant Order from
SCBN for the production of Stock Certificates. All Proof Stocks have edits made by hand
throughout the design process. VF condition, printed by SBN. Ford Motor Company,
commonly known as Ford, is an American multinational automaker that has its main
headquarters in Dearborn, Michigan, a suburb of Detroit. It was founded by Henry Ford
and incorporated on June 16, 1903.�� Est. $150-250
8
8 Monroe Auto Equipment Co. Specimen Stock Certificate Trio, ca.
1976-1977 Michigan. Lot of 3 pieces, includes: 1977 100 Shares Specimen Stock
Certificate in green; 1976 100 Shares Specimen Stock Certificate in blue; 1976 100
Shares Specimen Stock Certificate in yellow. All have specimen POCs and are in Unc.
condition. SC-USBN. (3)�� Est. $100-160
9
9 Paige-Detroit Motor Car Co. 1932 Specimen Voting Trust Stock
CertificateMichigan, 1932. 100 Shares Specimen Temporary Voting Trust Certificate,
Black text with green border and background. Red specimen overprints, 00000 serial
number, and POCs. VF condition, ABNC. Paige was a Detroit, United States-based
automobile company, selling luxury cars between 1908 and 1927. The Graham Brothers
bought the company on June 10, 1927. Joseph Graham became the new president, his
brothers Robert and Ray serving as vice-president and secretary-treasurer, respectively.
The corporate name soon changed to Graham-Paige Motors Corporation.�� Est. $120-240
10
10 REO Motor Car Co., 1920’s Specimen Stock Certificate Michigan, ND
(1920s). 100 Shares Specimen Capital Stock Certificate, Black text with orange border
and underprint, REO logo at top flanked by allegorical figures. Red specimen overprints,
0000 serial number, and POCs. Fine-VF condition, Facsimile signature of R.H. Scott
as president. RBN. The REO Motor Car Company was a Lansing, Michigan-based
company that produced automobiles and trucks from 1905 to 1975.�� Est. $110-200
11
11 Vesely Co. 1968 Specimen Stock Certificate Michigan, 1968. 100 Shares
Specimen Stock Certificate, Black text with brown border and underprint, Logo in green
at top center. Red specimen overprints, Not to be removed from file stamp at top, POCs.
VF condition, SCBN. Vesely Company manufactured and sold the popular Apache
camping trailer lines. �� Est. $60-120
New York
12
12 American-La France Fire Engine Co., 1904 Specimen Bond New
York. $500 6% General Mortgage Gold Coupon Bond, Black print on blue border and
under tint, Speeding Horse Drawn Fire Department Pumper at top, Specimen overprints
and POC’s, VF-XF condition, ABNC.�� Est. $200-300

13
13 Brockway Motor Truck Corp. 1922 Specimen Bond. New York, $1000,
Specimen 1st Mortgage 15 Year 7% Gold Coupon Bond, Specimen overprint, POC’s,
ABNC, XF, Rare automobile related bond.�� Est. $80-140
14
14 Brooklyn Bridge Centennial Celebration 1983 Certificate New York,
1983. 10 x 14.5 inch certificate printed on cardstock, Black text with blue border, photo
of a pre-9/11 Brooklyn Bridge, featuring the Twin Towers at right. Underneath is an
illustration of the original Brooklyn Bridge as it appeared after construction in the past.
Gold seal at the bottom. This certificate was issued for the 100th anniversary (1883-1983)
of the opening of the bridge. VF condition. �� Est. $90-160
15
15 Duncan Parking Meter Corp. 1964, Stock Certificate Proof Mock-
Up and Production Materials New York, Lot includes 2 pieces, both are
attached to large cardstock. Top piece features 3 vignettes secured in plastic with a copy
approval note attached with staples, also has notes made in pencil at bottom; Bottom
piece is a proof mockup for a 100 Share Stock Certificate in green, also secured in
plastic with elements glued to complete the certificate. Fine-VF condition, all by SCBN.
�� Est. $120-200
16
16 H.H. Franklin Manufacturing Co. 1921 I/U Stock Certificate New
York, 1921. 10 Shares I/U Stock Certificate, Black text with green border and underprint,
Allegorical woman seated at top center. Fine-VF condition, FLBN. H. H. Franklin
Manufacturing Company was founded in 1893 by industrialist Herbert H. Franklin in
Syracuse, New York. The H.H. Franklin Manufacturing Company of Syracuse, NY built
America’s most successful air-cooled automobile, with its first innovative air-cooled
motorcar in 1902 and continued production until 1934. Of the 150,000 Franklins built
between 1902 and 1934, it’s estimated that about 3,700 have survived. Scarce Automobile
Stock Certificate.�� Est. $100-200
17
17 Homer Wagon Co., Ltd. 1889 I/U Bond New York, 1889. $500 I/U 6% First
Mortgage Bond #40, Black text with black border and green undertint, Train passing
by large building at top center. Fine condition. The Homer Wagon Company was
incorporated in New York in 1882. On January 4, 1892, the name of the company was
changed to the H. M. Whitney Company. On November 3, 1897, the name was changed
to The H. M. Whitney Wagon Company. Corlies, Macys Co.��Est. $35-60
18
18 Manhattan High Power Motor Car Co., 1908 Specimen Stock
Certificate New York, 1900-1909. Odd Shares Specimen Preferred Stock Certificate,
Black text with brown border and undertint, Allegorical woman with eagle and cherub,
pair of allegorical women flank company name. POCs, VF condition, New York Bank
Note Co. �� Est. $130-200

19
19 Port of New York Authority Specimen Bond Pair, ca. 1931-1949
New York and New Jersey. Lot of 2 pieces: 1931 $1000 Specimen 4.25% New York-
New Jersey Terminal Coupon Bond in yellow; 1949 $1000 Specimen 1.5% General
and Refunding Coupon Bond in purple. Both have specimen overprints, 00000 serial
numbers, and POCs. Fine-VF condition. Purple bond has writing in pencil at top. ABNC.
(2)�� Est. $70-120
Ohio
20
20 Willys-Overland Co. 1923 Specimen Bond Ohio, 1923. $1000 Specimen
6.5% First Mortgage Sinking Fund Gold Coupon Bond, Black text with green border
and underprint, Willys-Overland logo flanked by an allegorical pair at top center. Red
specimen overprints, 00000 serial numbers, and POCs. VF condition, ABNC. Willys was
a brand name used by Willys–Overland Motors, an American automobile company best
known for its design and production of military Jeeps (MBs) and civilian versions during
the 20th century. John Willys acquired the Electric Auto-Lite Company in 1914 and in
1917 formed the Willys Corporation to act as his holding company. In 1916, it acquired
the Russell Motor Car Company of Toronto, Ontario and the Curtiss Aeroplane and
Motor Company in Buffalo, New York, by 1917, New Process Gear, and in 1919 acquired
the Duesenberg Motors Company plant in Elizabeth, New Jersey. Historic automobile
and aviation related company. �� Est. $150-250
Pennsylvania
21
21 ACF-BRILL Motors Co., 1944 Specimen Bond. Delaware, 1944, $1000,
6% Income Specimen Bond, Black on orange border and underprint, Allegorical men
flanking company logo top center, POC’s, VF condition, ABNC. �� Est. $80-160
Pennsylvania
22
22 Bergdoll Machine Co., ca. 1900-1920 Specimen Stock Certificate
Pennsylvania. Odd Shares Capital Stock Specimen Certificate, Black print on red border
and undertint, Cancelled overprints and POC’s, VF-XF condition, Winged automobile
tire with “Bergdoll” in arch over it. POC’s. XF condition. Louis Bergdoll, a German
immigrant, founded the Louis Bergdoll Son’s Brewing Company in 1849. The
company was very successful for over 70 years until prohibition and eventually was
dissolved in 1951. He was also known as an amateur automobile racer in the early
automobile era at the turn of the century. He favored and raced a 60 HP “Benz”. He was
so fond of cars, he started his own automobile company, The Louis J. Bergdoll Motor
Company, that was in existence from 1910 to 1913. It is not confirmed if a “Bergdoll”
automobile was ever built. Historic, attractive and rare early automobile related stock
certificate. 2 found in archive, one red and one orange. The orange one is offered in this
sale and is the only one available. SBNC�� Est. $160-280

Virginia
23
23 Continental Motors Corp. 1924 Specimen Bond Virginia, 1924. $500
Specimen 6.5% First Mortgage Sinking Fund Gold Coupon Bond, Black text with orange
border and undertint, Motor in oval frame at top center. Red specimen overprints, 00000
serial numbers, and POCs. Fine-VF condition, ABNC. Continental Motors Company
was a American engine and automobile manufacturer. �� Est. $90-180
24
24 Hupp Motor Car Corp., 1915 Specimen Stock Certificate Virginia,
1915, 100 Shares Specimen Stock Certificate, Black text with olive border and
undertint, Allegorical woman with flowers at top center. Red specimen overprints, 0000
serial numbers, and POCs. Fine-VF condition, RBN. Hupmobile was an automobile
built from 1909 through 1939 by the Hupp Motor Car Company of Detroit.�� Est. $130-200
25
25 Peerless Truck and Motor Corp. 1915 Specimen Bond Virginia, 1915.
$100 Specimen 6% Secured Convertible Gold Coupon Bond, Black text with brown
border and undertint, Pair of allegorical figures with beehive at top center. Red specimen
overprints, 00000 serial numbers, and POCs. Fine condition, ABNC. The company was
incorporated on November 1st, 1915 and this bond was issued November 10th, 1915.
The company was formed as a holding company to acquire control of Peerless Motor
Car Company of Cleveland Ohio and the General Vehicle Company of Long Island
City, NY. The Peerless Motor Car Company was an American automobile manufacturer
that produced the Peerless brand of motorcars in Cleveland, Ohio, from 1900 to 1931.
One of the “Three Ps” – Packard, Peerless, and Pierce-Arrow – the company was known
for building high-quality luxury automobiles. Peerless popularized a number of vehicle
innovations that later became standard equipment, including drum brakes and the first
enclosed-body production cars. Historic bond issued for the acquisition of this historic
automobile company. �� Est. $200-400
West Virginia
26
26 Maxwell Motor Corp. 1924 Specimen Bond West Virginia, 1924. $100
Specimen 7% Convertible Sinking Fund Gold Coupon Bond, Black text with brown
border and undertint, Allegorical woman reclining with lion at top center. Red specimen
overprint, 00000 serial numbers, and POCs. Fine condition with archival reinforcements
along fold lines, ABNC.�� Est. $100-200
Scripophily - Aviation
Arizona
27
27 AircraftFinanceCorporationofAmerica,1929I/UStockCertificate
Letterhead. Los Angeles, CA. 1929, 10 Shares, I/U stock certificate, Black on
orange border, No vignette, S/N 213, Signed by the President A.O. Hunsaker and O.K.
Hunsaker as secretary, historic company that was a pioneer in early airline aviation
including TWA. O.K Hunsaker, the son of A. O. and Alvaretta Hunsaker of Beverly
Hills, had lived in Kansas City, Mo. before moving to Los Angeles in 1911. His father,
A.O., was an investment banker with offices in Hollywood. O. K. grew up with money
and invested variously including backing some Hollywood productions. He is reported
to have produced the first all-negro movie in 1917. In 1929, Hunsaker founded the
Aircraft Finance Corporation of America with his father and aviation pioneer Allan
Loughead. The company, with an initial projected capitalization of thirty million
dollars, specialized in aircraft production and sales nation-wide. �� Est. $120-200

California
28
28 Northrop Corporation, 1987 Specimen Stock Option Certificate
Quartet California. Lot includes 4 pieces: Odd Shares Specimen Restricted Stock
Transfer Agreement in purple; Odd Shares Specimen Stock Option Long-Term
Incentive Plan in brown; Odd Shares Specimen Restricted Stock Right Certificate in
green; Odd Shares Specimen Stock Option with Stock Appreciation Right in yellow. All
are in VF condition and printed by JBN. Northrop Corporation was an American aircraft
manufacturer from its formation in 1939 until its 1994 merger with Grumman to form
Northrop Grumman. The company is known for its development of the flying wing
design, most successfully the B-2 Spirit stealth bomber. (4)�� Est. $120-180
29
29 Vega Airplane Co., 1937 Specimen Stock Certificate, a Subsidiary
of Lockheed California, ND (1937). Odd Shares Specimen Stock Certificate, Black
text with gray border and underprint, Allegorical Hermes with plane and pair of globes
at top center. Red specimen overprints and POCs. VF condition, SBN. The Vega Aircraft
Corporation was a subsidiary of the Lockheed Aircraft Company in Burbank, California
responsible for much of its parent company’s production in World War II. Historic and
rare aviation stock certificate.�� Est. $130-260
Colorado
30
30 Cunningham Airvent Parachute Co. 1937 I/U Stock Certificate
Colorado Springs, Colorado, 1937. 10 Shares I/U Capital Stock Certificate #199, Black
text with black border. Fine condition, splitting has been archivally reinforced. Signed
by W. L. Cunningham as company president. This invention relates to the class of
parachutes and pertains particularly to means for causing the rigid and fast opening of
the parachute. ��Est. $40-70
Delaware
31
31 American Eagle Aircraft Corp., ca. 1920-1930s Proof Stock
Certificate Delaware. Odd Shares Proof Stock Certificate, Black text without any
border, Bald Eagle at top above company title, Cancelled overprints, Fine-VF condition.
�� Est. $90-160
32
32 Beech Aircraft Corp. 1968 Specimen Bond Delaware, 1968. $10,000
Specimen 4.75% Registered Convertible Subordinated Debenture Bond, Black text with
brown border and undertint, Pair of allegorical men at top with planes in background.
Red specimen overprints, POCs, VF condition. ABNC. Beech Aircraft Corporation
was an American manufacturer of general aviation, commercial, and military aircraft,
ranging from light single-engine aircraft to twin-engine turboprop transports, business
jets, and military trainers. �� Est. $85-150
33
33 Bendix Aviation Corp. Progress Proof Stock Certificate Delaware, ND
(1930-1950s). Odd Shares Progress Proof Stock Certificate, Black text, Airplane above
countryside at top center. Cancelled stamps at bottom, “5304” at left and bottom. VF
condition. �� Est. $90-140

34
34 Boeing Co. 1981 Specimen Bond Delaware, 1981. $Odd Specimen 8 7/8%
Registered Convertible Subordinated Debenture Bond, Black text with green border and
underprint, Pair of allegorical men with plane in background at top center. Specimen
overprints, Specimen POCs, and POCs. VF condition, ABNC. The Boeing Company is
an American multinational corporation that designs, manufactures, and sells airplanes,
rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide.
�� Est. $90-140
35
35 Delta Air Lines, Inc. Specimen Stock Certificate Trio, ca. 1975-
1982 Delaware. Lot of 3 pieces: 1975 100 Shares Specimen Stock Certificate in olive;
1975 100 Shares Specimen Stock Certificate in blue; 1982 Odd Shares Specimen Stock
Certificate in green. All have ‘Manufacturing Copy’ stamps, Specimen overprints, and
POCs. VF condition, ABNC. Delta Air Lines, Inc., typically referred to as Delta, is one
of the major airlines of the United States and a legacy carrier. (3)�� Est. $130-200
36
36 General Aircraft Corp., 1950-60’s Specimen Stock Certificate
Delaware, ND (1960-1980s) Odd Shares Specimen Stock Certificate, Black text with blue
border and underprint, Eagle with spread wings at top center. Red specimen overprints,
VF condition, SC-USBN. The company was established at Lowell, Massachusetts to
build an aircraft designed by Doctor Otto C. Koppen, a professor of aeronautics from
the Massachusetts Institute of Technology. The aircraft was the G1-80 Skyfarer, a two-
seat cabin high-wing braced monoplane. Before the company could produce the aircraft
in any numbers the Second World War intervened, and the Skyfarer programme was
abandoned after 17 examples had been built. The company became a manufacturer of
the Waco CG-4A troop glider and the interests in the Wayfarer were passed to Grand
Rapids Industries.�� Est. $70-120
37
37 Ling-Temco-Vought, Inc. United Aircraft Corp., circa 1962 to
1968 Specimen Bond Quartet Incorporated in Delaware. Lot of 4 pieces:
Includes 1962, Ling-Temco Vought, Inc., $500 Specimen 5.5% Subordinated Convertible
Debenture Bond in pink; 1968, Ling-Temco-Vought, Inc., $1000 Specimen 5.75%
Subordinated Convertible Debenture Bond in brown; 1962, Ling-Temco-Vought, Inc.,
$Odd Specimen 5.5% Subordinated Convertible Debenture in yellow; and 1964, United
Aircraft Corp. $1000 Specimen 4.5% Subordinated Debenture Bond in blue. All have
red specimen overprints, 00000 serial numbers, and POCs. VF-XF condition. 4 items.
�� Est. $120-200
38
38 North American Rockwell International Corp. 1968 Specimen
Bond Delaware, 1968. $1000 Specimen 6 7/8% Guaranteed Note Coupon Bond,
Black text with blue border and background. Purple specimen overprints and POCs.
VF condition, ABNC. Rockwell International Corporation, formerly North American
Rockwell International Corp., was a diversified American corporation that was formerly
one of the leading aerospace contractors, making launch vehicles and spacecraft for the
U.S. space program.�� Est. $90-160
39
39 Pan American Airways Corp., ca.1930-40s Specimen Stock
Certificate Delaware. 1930-40’s, 100 Shares Capital Stock Specimen Certificate, Black
print on gray border and under tint, Bald Eagle at top with allegorical figures, Specimen
overprints and POC’s, Uncirculated condition, SBNC.�� Est. $110-180

40
40 People Express Airlines, Inc. 1987 Specimen Bond Delaware, 1987.
$Odd Specimen 10.5% Registered Bond, Black text with green border and underprint,
Company logo at top center. Specimen POCs, VF condition. SCB-USBN. People Express
Airlines, stylized as PEOPLExpress, was an American low-cost airline that operated
from 1981 to 1987, when it was merged into Continental Airlines.�� Est. $65-120
41
41 Porterfield Aircraft Corporation 1939 Stock Certificate Delaware,
1939, Horizontal 100 Shares, #781, Issued and Uncancelled Stock certificate, Green
border, Company Stamp Seal, VF-XF. First time seen by cataloger.�� Est. $130-260
42
42 PSA, Inc., 1970-80’s Specimen Stock Certificate Delaware, ND (1990s).
100 Shares Specimen Stock Certificate, Black text with orange border at left and
underprint, Allegorical woman with globe and plane at top center. Red specimen
overprint, VF condition, SCBN. Pacific Southwest Airlines (PSA) was a United States
airline headquartered in San Diego, California, that operated from 1949 to 1988.
It was the first large discount airline in the United States. PSA called itself “The
World’s Friendliest Airline” and painted a smile on the nose of its airplanes, the PSA
Grinningbirds. �� Est. $55-100
43
43 Rockwell International Corporation, 1985 1987 Specimen Stock
and Bond Pair 2 pieces: $100,000 Specimen 9 7/8% Coupon Note in yellow;
Odd Shares Specimen Class A Stock Certificate in yellow. Both have specimen POCs
and are in VF condition. SC-USBN. Rockwell International was a major American
manufacturing conglomerate involved in aviation, the space industry, both defense-
oriented and commercial electronics, among other industries. (2)�� Est. $100-180
44
44 United Air Lines, Inc., 1950-60’s Specimen Stock Certificate
Delaware, ND (1950-60s). 100 Shares Specimen Stock Certificate, Black text with brown
border and underprint, Allegorical Hermes with winged wheel at top center. Red
specimen overprints, 00000 serial number, POCs. VF condition, ABNC. United Airlines,
Inc. (commonly referred to as United) is a major American airline. United operates a
large domestic and international route network spanning cities large and small across
the United States and all six continents. Measured by fleet size and the number of routes,
it is the third largest airline in the world. It is a founding member of the Star Alliance, the
world’s largest airline alliance with a total of 28 member airlines.��Est. $50-80
Michigan
45
45 Verville Aircraft Co., 1920-1931 Specimen Stock Certificate Detroit,
Michigan, (Inc. in Delaware), 1920-1931. Odd Shares Specimen Stock Certificate, Black
text with green border and background. Red specimen overprints, Not to be removed
stamp at top right corner, POCs. VF condition, SBN. The Verville Aircraft Company
was a Detroit, Michigan based manufacturer of small airplanes and flying boats, which
became bankrupt during the Great Depression.�� Est. $120-180

Nevada
46
46 Bonanza Air Lines, Inc. 1965 Specimen Bond Nevada, 1965. $100
Specimen 5.25% Convertible Subordinated Debenture Bond, Black text with blue border
and undertint, Company logo at top center with flanked by flying planes. Red specimen
overprints and POCs. VF condition, ABNC. Air West predecessor airlines. ��Est. $50-90
New York
47
47 National Aviation Corp., 1970 Specimen Stock Certificate. New
York, Specimen Stock Certificate, 100 Shares, Black on green border and underprint,
Prop plane top center flying over farm and river, Specimen overprints, POC’s, VF-XF
condition, ABNC. �� Est. $50-100
Texas
48
48 Globe Aircraft Corp., 1930’s Specimen Stock Certificate Texas (Inc. in
Delaware), ND (1930s). Odd/8ths of One Share, Specimen Stock Certificate, Black text
with orange border and background. Red specimen overprints, 0000 serial number, and
POCs. VF condition, Northern BN. The Bennett Aircraft Corporation was originally
formed on 5 April 1940 to develop aircraft using a Bakelite bonded plywood Duraloid.
The company’s first design was the BTC-1 twin engine monoplane. The company was
renamed the Globe Aircraft Corporation in 1941 and they produced a single-engine
Continental A-80 powered Globe GC-1 Swift.�� Est. $90-140
49
49 Texas Air Corp., 1990 Specimen Stock Certificate Texas Air Corp., 1990
Odd Shrs Common Stock Specimen Certificate, XF, S-C USBNC.�� Est. $90-140
Wisconsin
50
50 North Central Airlines, Inc. (Name Changed to Republic Airlines)
1976 Specimen Warrant Certificate Wisconsin, 1976. Odd Warrants
Specimen Warrant Certificate, Black text with yellow border and underprint, Allegorical
woman with wings and pair of globes at top center. Name Changed to Republic Airlines,
Inc. overprint at center, Specimen POCs, VF condition, SCBN. Republic Airlines was
a United States airline formed by the merger of North Central Airlines and Southern
Airways on July 1, 1979.�� Est. $70-120
Scripophily - Banking, Finance
Insurance
Delaware
51
51 Berkshire Hathaway Inc. 1987 Specimen Registered Bond with
Facsimile Signature of Warren Buffett. Delaware, 1987. $Odd Specimen
10% Registered Debenture Bond, Black text with blue border and underprint, Eagle on
rock at top center. Specimen overprints and POCs. VF-XF condition, ABNC. Berkshire
Hathaway is an American multinational conglomerate holding company headquartered
in Omaha, Nebraska, United States. The company wholly owns GEICO, Duracell, Dairy
Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long Foster, Flight
Safety International, Pampered Chef, Forest River and NetJets, and also owns 38.6%
of Pilot Flying J; and significant minority holdings in public companies Kraft Heinz
Company (26.7%), American Express (17.6%), Wells Fargo (9.9%), The Coca-Cola
Company (9.32%), Bank of America (11.5%), Apple (5.4%) and Barrick Gold. Beginning
in 2016, the company acquired large holdings in the major US airline carriers, namely
United Airlines, Delta Air Lines, Southwest Airlines and American Airlines but sold all of
its airline holdings early in 2020. Berkshire Hathaway has averaged an annual growth in
book value of 19.0% to its shareholders since 1965 (compared to 9.7% from the SP 500
with dividends included for the same period), while employing large amounts of capital,
and minimal debt.�� Est. $450-750

52
52 Citicorp Person-To-Person, Inc.Specimen BondQuintet, ca. 1984-
1986 Delaware. Lot of 5 pieces, Includes: 1984 $Odd Specimen Registered Bond in
red; 1984 $Odd Specimen %Odd Registered Floating Rate Subordinated Bond in blue;
1984 $Odd Specimen %Odd Registered Floating Rate Subordinated Bond in brown;
1984 $Odd Specimen 12.5% Registered Subordinated Bond in light brown; 1986 $Odd
Specimen 8.75% Registered Subordinated Bond in gold. All have specimen POCs. Unc.
condition, This was a relatively short term scheme to avoid usury laws by splitting loans
between different branches. SC-USBN. (5)�� Est. $180-280
Scripophily - Miscellaneous
53
53 Dun Bradstreet Co., Inc. 1978 Specimen Stock Certificate
Delaware, 1978. 100 Shares Specimen Stock Certificate, Black text with blue border and
underprint, Pair of allegorical men depicted at top center. Black specimen overprints,
Specimen POCs, POCs, Manufacturing Copy stamp at center. VF condition, ABNC. The
Dun Bradstreet Corporation is a company that provides commercial data, analytics,
and insights for businesses.�� Est. $80-140
Scripophily - Banking, Finance
Insurance
54
54 MorganStanley Inc., 1979SpecimenStockCertificateDelaware, 1979.
Odd Shares Specimen Twelfth Preferred Stock Certificate, Black text with brown border
and light brown background. Specimen POCs. VF condition. Morgan Stanley is an
American multinational investment bank and financial services company headquartered
at 1585 Broadway in the Morgan Stanley Building, Midtown Manhattan, New York City.
�� Est. $110-160
55
55 Nasdaq Stock Market, Inc. 2000 Specimen IPO Stock Certificate
Delaware, 2000. Odd Shares Specimen Stock Certificate, Black text with blue border
and undertint. Specimen POCs, VF condition, JBN. Nasdaq, Inc. is an American
multinational financial services corporation that owns and operates the Nasdaq stock
market in the United States and eight European Stock Exchanges.�� Est. $180-280
Georgia
56
56 Georgia Loan Trust Co., 1885 I/C Bond Georgia. $500 Issued and
Cancelled 8% Real Estate Loan, Black print on ornate black border with company title
at top and seal of Georgia below flanked by salves picking and selling cotton, POC at
top, VF-XF condition with uneven margin at bottom. J.H. Warner.��Est. $50-90
Indiana
57
57 Bank of Indiana, NationalAssociation 1971 Specimen Bond Indiana,
1971. $2500 Specimen 7% Registered Subordinated Capital Bond, Black text with green
border and underprint. Red specimen overprint at center. VF condition, ABNC. ��Est. $30-50

Louisiana
58
58 National American Bank of New Orleans, 1920-30’s Specimen
Stock Certificate Louisiana, ND (1920-1930s). 100 Shares Specimen Capital Stock
Certificate, Black text with orange border, Eagle on rock at top center. Red specimen
overprints, C0000 serial number, POCs. VF-XF condition.��Est. $50-90
Louisiana
59
59 Canal Bank TrustCo., 1910-40’s Progress Proof StockCertificate
New Orleans, Louisiana, ND (1910-1940s). Odd Shares Progress Proof Capital Stock
Certificate, Black text on off-white paper, Company logo at top center. Cancelled
stamps, writing at left. Fine condition.�� Est. $90-140
Maine, Massachusetts and Connecticut
60
60 Maine, Massachusetts and Connecticut, ca.1870 to 1932 Banking
Stock Certificate Group of 7 Maine, Massachusetts and Connecticut, Lot of 7
pieces, Includes: CT., National Bank of Commerce of New London Odd Shares U/U
Capital Stock Certificate; Maine Issues from City Bank 5 Shares I/C Capital Stock
Certificate, First National Bank of Biddeford 2 Shares I/C Capital Stock Certificate,
Thomaston National Bank 8 Shares I/C Capital Stock Certificate, and Casco Mercantile
Trust Co. 50 Shares I/U Capital Stock Certificate; with 2 additional Massachusetts
certificates from the National Bank of Methuen 5 Shares and the Amesbury, Powow
River NB; (7)�� Est. $120-180
Massachusetts
61
61 Federal Reserve Bank of Boston 1971 Specimen Stock Certificate
Massachusetts, 1971. Odd Shares Specimen Capital Stock Certificate, Black text with
green border and underprint, Eagle at top center. Red specimen overprints, ‘Not
to be removed from our file’ stamp at top margin, POCs, VF condition, SCBN. The
Federal Reserve Bank of Boston is one of 12 regional Federal Reserve banks. Our
economists’ scientific research, forecasts, and analyses support our Bank President in the
deliberations of the Federal Open Market Committee (FOMC) at meetings of the Board
of Governors of the Federal Reserve System in Washington, DC, where monetary
policy is determined. Our economists also support the Board of Directors of the Boston
Fed, who make recommendations to the Board in Washington concerning the nation’s
primary credit rate (discount rate). Rare Federal Reserve Bank stock Certificate.Est. $180-280
Missouri
62
62 National Loan andTrust Co., 1887 International Loan andTrust
Co., 1889 and Serial #1 Bond Duo Kansas City, Missouri. Lot of 2 I/C Bonds,
Includes: National Loan and Trust Co., 1887, $1000 I/C 6% Debenture Bond Serial #39
in brown; and International Loan and Trust Co., 1889, $1000 I/C 6% Debenture Bond,
Serial #1 in green. Both are very attractive and ornate with similar design of seated
allegorical women and young boy under title and resting dog on the left, Both in Fine
condition with small faults. Homer Lee BNC.�� Est. $350-500
New Jersey
63
63 Moody’s Investors Service, 1914 Specimen Stock Certificate New
Jersey. 100 Shares Participating Preference Stock Specimen Certificate, Black print
on orange border and under tint, Allegorical woman at top flanking company initials,
Specimen overprints and POC’s, VF-XF condition, E.A Wright BNC.�� Est. $110-170

New York
64
64 American Express Co. 1988 Specimen Stock Certificate New
York, 1988. Odd Shares Specimen Stock Certificate, Black text with blue border and
underprint, American Express gladiator at top center in ornate frame. Specimen
overprints and POCs. VF condition, ABNC. The American Express Company is an
American multinational financial services corporation headquartered at 200 Vesey Street
in New York City. The company was founded in 1850 and is one of the 30 components of
the Dow Jones Industrial Average.�� Est. $75-120
65
65 Bank of New York Co., Inc., 1993 Specimen Stock Certificate New
York, 1993. 100,000 Shares Specimen Stock Certificate, Black text with pink border
and underprint, Portrait of Alexander Hamilton at top center. Specimen POCs, VF
condition, ABNC. The Bank of New York Company, Inc. was a major American bank
holding company headquartered in New York City. The original Bank of New York was
founded in 1784 by Alexander Hamilton and chartered in 1791. It was instrumental in
securing the first loan obtained by the United States. Other loans by the bank contributed
to the construction of the Erie Canal and the New York City subway system.�� Est. $80-140
66
66 Columbian Insurance Co. 1865 I/U Certificate of Profits New York,
1865. Issued to a Mr. Robinson declaring his entitlement to $70 of invested profits of the
Columbian Insurance Company, representing no more than 6% interest profit. Affixed is
a 25 Cent I.R. stamp. Vignette of sailing ship at top center, a native American at bottom
right and a sailor at bottom left. Fine with tape in margins. �� Est. $75-150
67
67 Equitable LifeAssurance Society, ND (1900-1920) Specimen Bond
New York, ND (1900-1920s). $1000 Specimen 5% Gold Bond, Black text with green
border and gold undertint, Pair of allegorical women at top with eagle. Specimen
overprints, 00000 serial numbers, VF condition with cut out cancels in signature block.
ABNC. Very attractive bond with large vignette and multiple pages. �� Est. $80-150
68
68 First National City Corp. 1971 Specimen Stock Certificate New
York, (Inc. in DE), 1971. 100 Shares Specimen Stock Certificate, Black text with olive
border, Depiction of Mercury above company name. Red specimen overprints, POC’s,
XF condition, Printed by ABNC. In 1967, First National City Bank reorganized as a
one-bank holding company, First National City Corporation, or “Citicorp” for short.
However, the bank had been nicknamed “Citibank” since the 1860s, when City Bank of
New York adopted it as an eight-letter wire code address.�� Est. $100-200
69
69 Germania Fire InsuranceCo., 1864 I/C StockCertificate. New York. 50
Shares, I/C, Ornate design of young woman under large tree on the entire left side of
the stock certificate. S/N 502, 25 Cents imperforate Insurance revenue stamp on upper
left, VF to Choice VF condition. Hosford Co. Attractive and rare.�� Est. $130-250

70
70 Goldman Sachs Group, Inc.. 1998 IPO Specimen Stock Certificate
New York (Inc. in Delaware), 1998 IPO certificate, Odd Shares Specimen Stock
Certificate, Black text with multicolored border at right, brown underprint, Building
in background, portraits of Marcus Goldman and Samuel Sachs at top left. Specimen
POCs, VF-XF condition. ABNC. The Goldman Sachs Group, Inc., is an American
multinational investment bank and financial services company headquartered in New
York City. It offers services in investment management, securities, asset management,
prime brokerage, and securities underwriting.�� Est. $200-350
71
71 Manhattan Life Insurance Co., ca.1900-1920 Specimen Bond New
York. $1,000 Specimen 5% Twenty Year Gold Coupon Bond, Black print on ornate green
border and under tint, Ornate title at top beside image of Native American, Specimen
overprints and POC’s, VF-Xu condition, Hamilton BNC. In 1894, the company
completed the first skyscraper in New York, and the tallest building in the world at the
time: the Manhattan Life Insurance Building at 66 Broadway. This was the only example
found in the ABN Archives.�� Est. $160-280
72
72 MortonTrustCo. 1900 Specimen StockCertificate New York. -Odd Shrs
Stock Certificate. Specimen. Portrait of Norton at top. Pencil notation at side: May
1900. Very Fine. POCs. ABNC.�� Est. $140-250
73
73 Mutual Life InsuranceCo. of NewYork 1904 Bond New York, 1904. $500
Specimen 3.5% Gold Coupon Bond, Black text with olive border and undertint, large
building depicted at top center. Red specimen overprints, 00000 serial numbers, and
POCs. Fine condition with some damaged fold lines. ABNC.�� Est. $80-140
74
74 NewYork Banking Stock Certificate Pair ca.1870-90 1900-1920
New York.... Lot includes 2 pieces: Includes 1870-80s Odd Shares Specimen Capital Stock
Certificate for Tompkins County National Bank, Purple specimen overprints, POCs,
Fine condition, Printed in black, Seated allegorical women in middle, ABNC; 1900-20s
Odd Shares Specimen Capital Stock Certificate for National Bank of Pawling, Green
with multiple vignettes, Red specimen overprint, 00000 serial number, POCs, AU to
Unc. condition, ABNC. 2 pieces.�� Est. $130-260
75
75 NYSE Group, Inc. Commemorative Stock Certificate Specimen
for the 2006 Public Offering of the NewYork Stock Exchange. New
York, NY. NYSE Group, Odd Shares, Black text, blue end panel and underprint in light
brown of the New York Stock Exchange Building on Wall Street with an Oak Tree in
middle. Pin Punch Specimen cancels with the date 2-15-2006 and large red SPECIMEN
in middle right. Mint condition as made. Rare and from a new find. ABNC. NYSE Group
Incorporated, through its subsidiaries, provides securities listing, trading, market data
products, and software and technology services. The Company offers products and
services in cash equities, futures, options, swaps, exchange-traded products, bonds,
market data and commercial technology solutions to issuers, investors, financial
institutions and market participants.�� Est. $150-250

76
76 Publishers, The Journal of Commerce and Commercial Bulletin,
ca.18900’s Specimen Order form. New York, 189x, Specimen certificate
with Alexander Hamilton portrait on left. Order form for a steel plate engraving of the
businessman or banker to be inserted into the “History of Banking” vanity book. Green
border. Back has ornate green border and vignette of woman with eagle. Small tear in
top border far from printing. Rare certificate. ABNC.�� Est. $130-200
77
77 Securities Company, 1890-1900 Specimen Stock Certificate New
York, NY. 1890 to 1910, Odd Shares, Specimen Stock Certificate, Black on brown
border, Bottom with Large dog in front of classic building and harbor scene, Specimen
overprints, POC’s, XF - AU condition. ABNC.�� Est. $90-180
North South America
78
78 Inter-American Development Bank, 1984 Specimen Bond Series
New York. Lot of 7 Specimen bonds from to different series, Includes 1984, 11 5/8%
Bonds, $-odd; $1000; $5000; and $10,000, blue border and 1984, 13 1/4% Bonds, $-odd;
$5000 and $10,000. All with allegorical woman with globe at top. All Uncirculated.
SCBNC. Rare certificates. (7)�� Est. $140-280
Pennsylvania
79
79 Bank of America Trust Co., ca.1920-1930 Specimen Stock
Certificate Pennsylvania. 100 Shares Capital Stock Specimen Certificate, Black
print on green border and under tint, Bald Eagle at top over the world, Specimen
overprints and POC’s, VF-XF condition, SBNC.�� Est. $90-150
80
80 Bank of Germantown, 1815 I/U Stock Certificate. Pennsylvania, 1815,
I/U stock certificate, Serial #65, 8 Shares, Black print with ornate border, Signed by
Samuel Harvey as President; John Watson as Cashier and issued to Charles Nice, VF
condition with some toning, Joseph Rakestraw, printer, Philadelphia. Samuel Harvey
was a Philadelphia merchant and banker who owned a firm with James Worth in the
early 1800s. Harvey received a local preaching license from the Methodist Episcopal
Church in 1805. From 1814-1848, he served as president of the National Bank of
Germantown.�� Est. $160-260
81
81 Easton National Bank ca.1900 Specimen Stock Certificate. Easton,
Pennsylvania. Odd Shares Common Capital Stock Specimen Certificate, Eagle in
middle, three portraits at right, Standing Liberty on left, XF, ABNC.�� Est. $110-180

82
82 Schuylkill Bank 1836, I/U Stock Certificate Pennsylvania, 1836. 114 Shares
I/U Capital Stock Certificate, Black text with gray border, Allegorical woman with
scythe flanked by other women in square frames. VF condition. DUBS. Rare and
attractive ornate stock certificate. �� Est. $200-300
83
83 Stroudsburg Bank, 1878 I/U Stock Certificate Pennsylvania, 1878. 12
Shares I/U Capital Stock Certificate, Black text with black border, Steer in circular frame
at top flanked by scenes of allegorical men and cows. Fine condition. DWC.�� Est. $85-150
Various
84
84 Specimen Stock and Membership Certificates, ca.1920-40’s Various
States, Lot of 6 pieces: Includes Western Electric Co. Inc. Specimen Employees’
Benefit Certificate in green; Graybar Electric Co., Inc. Specimen Employees’ Benefit
Certificate in blue; Royal Arcanum Specimen Benefit Certificate in gray; Division of
Foreign Missions of the Board of Missions and Church Extension of the Methodist
Church Specimen Annuity Agreement in green; American Board of Commissioners for
Foreign Missions Specimen Conditional Agreement in orange; Retirement System of
the International Nickel Co. Certificate of Charter Membership and Prior Service in
orange. All have Specimen overprints and POCs, and are in Fine-VF condition. (6)Est. $40-75
Virginia
85
85 Traders Bank of the City of Richmond, 1860 and Bank of the
Commonwealth, 1860 I/U Stock Certificate Pair. Richmond, Virginia.
Lot includes 2 pieces, both dated 1860, Includes: Traders Bank of the City of Richmond,
VA., 1860, 5 Shares I/U Capital Stock Certificate in black, Fine condition but the right
border has paper loss going into design and toning, Lith of Hoyer Ludwig, Richmond,
VA.; and Bank of the Commonwealth, 1860, 45 Shares I/U Capital Stock Certificate in
black, fine condition but missing a 4 inch triangular piece from the upper right corner,
printed by BCC, Philadelphia. (2) �� Est. $90-140
Washington, D.C.
86
86 Theodore Roosevelt National Bank 1989 Specimen Stock
Certificate Washington, D.C., 1989. Odd Shares Specimen Stock Certificate, Black
text with green border and background, Company logo at top center. Specimen POCs,
VF condition, SCBN.��Est. $35-55
Scripophily - Banking -
Scandals Scams
Delaware
87
87 Bear Stearns Companies Inc. 1987 Specimen Bond Delaware, 1987.
$Odd Specimen 8 1/8% Registered Senior Note, Black text with blue underprint and
left border. Red specimen overprint, Specimen POCs, VF condition. The Bear Stearns
Companies, Inc. was a New York-based global investment bank, securities trading and
brokerage firm that failed in 2008 as part of the global financial crisis and recession, and
was subsequently sold to JPMorgan Chase. The company’s main business areas before
its failure were capital markets, investment banking, wealth management, and global
clearing services, and it was heavily involved in the subprime mortgage crisis.�� Est. $100-200

Scripophily - Breweries
Distilleries
Indiana
88
88 Centlivre Brewing Corp. 1950 Approval Proof Stock Certificate
Indiana, 1950. 100 Shares Approval Proof Stock Certificate, Black text with blue border
and underprint, Pair of allegorical women flank company logo at top center. Red
specimen overprints, POCs, Approval document and edits are stapled to piece. VF, SBN.
�� Est. $70-120
Maryland
89
89 American Brewery, Inc., ca.1900 Specimen Stock Certificate. MD.
19xx (ca.1900). Odd Shs. Specimen stock certificate. Vignette of brewery. Green Border
and underprint, ornate vignette of brewery building. “Specimen” overprint. Fine with
toning on top and right side. Scarce brewery certificate. SBNC.�� Est. $130-200
Minnesota
90
90 Theo. Hamm Brewing Co., 1950-60’s Specimen Stock Certificate
Minnesota, ND (1950-60s). 1000 Shares Specimen Stock Certificate, Black text with
pink border and underprint, Scene of a lake at top center. Black specimen overprints,
00000 serial number and POCs. VF condition, ABNC. The Theodore Hamm’s Brewing
Company was an American brewing company established in 1865 in St. Paul, Minnesota.
�� Est. $60-120
New York
91
91 Conrad Stein’s Sons 1902 Specimen Brewery Bond New York,
1902. $1000 Specimen 5% First Mortgage Gold Coupon Bond, Black text with green
border and undertint, Allegorical figures harvesting plant at top center. Red specimen
overprints, 0000 serial number, and POCs. VF condition, ABNC. Conrad Stein’s Sons
was a New York brewery.�� Est. $90-150
92
92 Franklin Brewing Co. 1915 Specimen Bond New York, 1915. $1000
Specimen 4% First Mortgage Gold Coupon Bond, Black text with green border and
undertint, Pair of allegorical figures with flame at center. Red specimen overprints,
00000 serial numbers, and POCs. VF condition, ABNC. It was located at Franklin
Flushing avenues, in the borough of Brooklyn, city of New York. In June, 1903,
Claus Doscher bought at public sale the property of the Malcom Brewing Company
and on that day he organized the Franklin Brewing Company. in January 23, 1917, an
involuntary petition in bankruptcy was filed against the company and it was adjudicated
a bankrupt March 5, 1917.�� Est. $120-180

New York and Pennsylvania
93
93 D. G. Yuengling, Jr. Brewing Co. 1887 Specimen Bond Rarity New
York and Pennsylvania, (headquarters currently in Pottsville, PA). 1887. $1000 Specimen
6% Mortgage Gold Coupon Bond, Black text with green border and underprint, Seal of
New York City depicted at top center. Red specimen overprints, 0000 serial numbers,
and POCs. Fine to VF condition with archival reinforcements, ABNC. D. G. Yuengling
Son is the oldest operating brewing company in America, established in 1829. In 2018, by
volume of sales, it was the largest craft brewery, sixth largest overall brewery and largest
wholly American-owned brewery in the United States. Historic and earliest Brewing
company in the U.S. and rare specimen bond with only 3 found in the ABN Archives.
�� Est. $300-500
Pennsylvania
94
94 Fort Pitt Brewing Co. 1937 Progress Proof Stock Certificate
Pennsylvania, 1937. Odd Shares Progress Proof Capital Stock Certificate, Black text on
off-white paper, Small building in circular frame at top center. Cancelled stamps, notes
at top and left. Fine-VF condition. Fort Pitt Brewing Company was a major brewery
in Pittsburgh, Pennsylvania, from 1906-1957, which brewed Fort Pitt Beer and other
regional brands. Mark Dudash, a Pittsburgh area attorney and owner of Duquesne
Brewing Company, revived Fort Pitt Brewing, and introduced a new Fort Pitt Ale in
2014. RBNC.�� Est. $70-120
Puerto Rico
95
95 Puerto Rico Brewing Co., Inc. 1962 Specimen Stock Certificate
Puerto Rico, 100 Shares, Specimen stock certificate, black printing with no vignette on
green border, Pin-punch Specimen overprint, Uncirculated, Federated BNC.�� Est. $100-200
Scripophily - Communications
Technology
Colorado
96
96 Colorado Telephone Co. 1907 I/C Stock Certificate Denver, Colorado,
1907. 100 Shares I/C Capital Stock Certificate, Black text with brown border and
company logo underprint. Cancelled stamps and POCs. Fine-VF condition. ��Est. $40-70
97
97 Colorado Telephone Co. I/C Stock Pair, ca. 1883-1907 Denver,
Colorado. 2 pieces: 1883 27 Shares I/C Capital Stock Certificate in black; 1907 20 Shares
I/C Capital Stock Certificate in brown. Both are in Fine-VF condition. (2)�� Est. $75-120

98
98 El Paso Telephone Co. 1904 I/C Stock Certificate Colorado City,
Colorado, 1904. 100 Shares I/C Capital Stock Certificate, Low S/N #9, Black text with
gold border, Colorado state seal depicted with allegorical woman and eagle at top left
corner. Cancelled in red ink, Fine-VF condition.��Est. $40-70
Delaware
99
99 Aeneid Equities, Inc. - “NewYork MagazineCompany, Inc.”, 1969
Specimen Stock Certificate Delaware, ND (1969). 100 Shares Specimen Class
A Stock Certificate, Black text with blue border, Company logo at top center. Blue
specimen overprints, Name Changed to New York Magazine Co., Inc. stamp across
certificate, POCs. VF condition, SCBN. �� Est. $80-140
100
100 De Forest Radio Co. 1931 I/U Stock Certificate Delaware, 1931. 50 Shares
I/U Capital Stock Certificate, Black text with orange border and underprint, Trio of
allegorical figures surround company logo at top center. Fine condition, HBN. The
American inventor Lee De Forest (1873-1961) pioneered in radio, both in developing
broadcasting and in inventing the audion. He is considered one of the fathers of radio.
�� Est. $75-120
101
101 International Telephone and Telegraph Corp. Specimen Bond
Quartet, 1975 Delaware, 1975. Lot of 4 pieces, Includes: $10,000 Specimen 10%
Registered Sinking Fund Debenture Bond in blue; $25,000 Specimen 10% Registered
Sinking Fund Debenture Bond in purple; $Odd Specimen 10% Registered Sinking Fund
Debenture Bond in pink; $5000 Specimen 10% Registered Sinking Fund Debenture
Bond in brown. All have specimen POCs. Unc. condition. SCBN. (4)�� Est. $130-200
102
102 Jenkins Television Corp., 1930 Historic TV Pioneer Stock
Certificate 1930. I/U stock. 25 Shrs. Green border, Temp Cert. XF cond. Charles
Francis Jenkins was a leading inventor and promoter of mechanical scanning T.V. and
largely responsible for strong interest in television in the 1920s and early 1930s in the U.S.
Jenkins also provided the first public T.V. demonstration in the U.S. on 13 June 1925. He
co-invented and publicly demonstrated the first practical motion picture projector in the
U.S. (1894), developed an automobile with the engine in the front instead of under the
seat (1898) and founded the Society of Motion Picture Engineers in 1916. He had 400
U.S. patents for inventions as diverse as an airplane brake and a bean-shelling machine.
Today he has been almost forgotten by all but a few television historians. Yet in the
U.S. he was responsible for the advent of television and was the first pioneer to make
television a reality. Rare. Only one found in old Maine estate.�� Est. $200-400
New York
103
103 American Telephone and Telegraph Co. 1961 Specimen Bond New
York, 1961. $100,000 Specimen 4.75% Debenture Coupon Bond, Black text with pink
border and undertint Allegorical man with wings and electrical wires at top center. Red
specimen overprints and POCs. VF condition, ABNC. ATT Corporation, originally
the American Telephone and Telegraph Company, is the subsidiary of ATT Inc. that
provides voice, video, data, and Internet telecommunications and professional services
to businesses, consumers, and government agencies.��Est. $40-70
104
104 Mail and ExpressCo. 1907Specimen BondNew York, 1907. $500 Specimen
5% Second Mortgage Coupon Bond, Black text with brown border and undertint, Trio
of allegorical women at top center. Red specimen overprints, 0000 serial numbers, and
POCs. VF condition, ABNC. �� Est. $90-150

Pennsylvania
105
105 Montour and Columbia Telephone Co. 1900 I/U Bond Pennsylvania,
1900. $500 I/U 5% First Mortgage Gold Coupon Bond #10, Black text with brown
border, Men talking with horses at center. Fine condition, has been archivally reinforced.
The Montour and Columbia Telephone Company was incorporated in 1898.�� Est. $70-120
Wisconsin
106
106 Wisconsin Telephone Co. 1957 Proof Bond Wisconsin, 1957. $1000 Proof
4.5% Debenture Coupon Bond, Black text with green border and undertint, Allegorical
man and woman flank Native American and Pilgrim scene at top center. Extended
margins and top, left, and bottom. Fine condition, SBN. Wisconsin Bell was founded
in 1882 as the Wisconsin Telephone Company by Charles H. Haskins, Benjamin K.
Miller, and Harry C. Haskins. Charles Haskins, who had written a book on principals of
electricity, became intrigued by the potential of the telephone shortly after its invention
in 1876. The following year he created Milwaukee’s first telephone exchange with 15
customers. After the 1984 Bell System Divestiture, Wisconsin Bell became a part of
Ameritech, one of the 7 original Bell Regional Holding Companies.�� Est. $70-120
Florida
107
107 SouthAtlanticTelephone TelegraphCompany of Miami, Florida,
1918 Specimen Bond. Miami, Florida. $500 Gold Coupon Bond Specimen. Black
on green border, Seated topless allegorical woman on winged railroad wheel, Specimen
overprints, POC’s, FL ABNC. Extremely Fine.�� Est. $70-120
Minnesota
108
108 Iron Range Electric Telephone Co., 1906 I/C Stock Certificate.
Wadena, Minnesota. 10 Shrs Stock Certificate. I/C.Brown on pink underprint, S/N 112,
VF to XF. ��Est. $40-75
New Jersey
109
109 American Home Telephone Co., 1901 Specimen Bond New Jersey.
$1,000 Specimen 4% Twenty year Collateral Trust Gold Coupon Bond, Black print on
blue border and under tint, Allegorical woman with cherubs at top, Specimen overprints
and POC’s, VF-XF condition, ABNC.�� Est. $80-160

New York
110
110 NewYork Telephone Co., 1919 Specimen Bond. New York, 1919, $1000
6% Gold Bond. POC. Coupons attached. XF Condition. ABNC.�� Est. $100-200
Scripophily - Computers
Internet
California
111
111 Yahoo! Inc., 1995 Specimen IPO Stock Certificate California, ND
(1990s). Odd Shares Specimen Stock Certificate, Black text with blue border and
underprint, Company logo at top center. Specimen overprints, VF condition, SC-USBN.
Yahoo! is an American web services provider.�� Est. $160-280
Delaware
112
112 AOL Time Warner Inc. 2001 Specimen Stock Certificate Delaware,
2001. Odd Shares Specimen Stock Certificate, Black text with blue left border,
background of different brands all operated by AOL Warner throughout certificate.
Specimen POCs, XF condition, ABNC. AOL is an American web portal and online
service provider based in New York City. It is a brand marketed by Verizon Media. The
service traces its history to an online service known as PlayNET. PlayNET licensed their
software to Quantum Link, who went online in November 1985. AOL was one of the
early pioneers of the Internet in the mid-1990s, and the most recognized brand on the
web in the United States.�� Est. $75-120
113
113 CompaqComputerCorp. 1989SpecimenStockCertificate Delaware,
1989. Odd Shares Specimen Stock Certificate, Black text with blue border at left and
underprint, Allegorical man with globe at bottom right corner. Specimen POCs, VF
condition, SC-USBN. Compaq was an American information technology company
founded in 1982 that developed, sold, and supported computers and related products
and services.��Est. $55-90
114
114 McAfee.com Corp. Specimen Stock Certificate Delaware, ND (2000s).
Odd Shares Specimen Class A Stock Certificate, Black text with blue borders and
underprint, Colorized logo at top center. POCs, VF-XF condition. SC-USBN. McAfee
Corp. is an American global computer security software company. The company was
purchased by Intel in February 2011, and became part of the Intel Security division.
�� Est. $90-150
115
115 Network Solutions, Inc. 1999 Specimen Stock Certificate Delaware,
1999. Odd Shares Specimen Stock Certificate, Black text with blue border and undertint,
Logo at top center. Specimen POCs, VF condition, ABNC. Network Solutions, LLC is
an American-based technology company. Network Solutions, LLC is an American-based
technology company and a subsidiary of Web.com, the 4th largest .com domain name
registrar with over 6.7 million registrations as of August 2018. In addition to being a
domain name registrar, Network Solutions provides web services such as web hosting,
website design and online marketing, including search engine optimization and pay per
click management.�� Est. $90-140

116
116 WIRED, ND (ca.1993-98) Specimen Stock Certificate and Possible
IPO Stock Certificate. Delaware, 1993-1998. Odd Shares Specimen Stock
Certificate, Black text with a very colorful and busy background. Specimen POCs.
XF condition. Wired is a monthly American magazine, published in print and online
editions, that focuses on how emerging technologies affect culture, the economy, and
politics. Owned by Condé Nast, it is headquartered in San Francisco, California, and has
been in publication since March/April 1993. �� Est. $230-350
New York
117
117 United Message Company 1905 Specimen Bond Albany, New York,
1905, $5000, Specimen 5% Mortgage Bond, Orange border with allegorical vignette,
POC’s, Coupons attached, ABNC, XF. Early telegraph company.�� Est. $90-180
Oregon
118
118 Praegitzer Industries, Inc., 1997 Specimen Stock Certificate
Oregon, 1997. Odd Shares Specimen Stock Certificate, Black text with green border,
Native American men on horseback in background. XF condition, SCBN. Praegitzer
Industries, Inc. designs and fabricates printed circuit boards and interconnect solutions.
The Company offers its products to data and telecommunications, computer and
peripherals, industrial and instrumentation, business. and consumer industries. ��Est. $50-90
Scripophily - Computers, Telecom
Technology
119
119 Apple Computer, Inc. 1988 Specimen Stock Certificate California,
1988. Odd Shares Specimen Stock Certificate, Black text with gray border and
undertint, Apple logo at top. Specimen POCs, VF condition, SC-USBN. Apple Inc. is an
American multinational technology company headquartered in Cupertino, California,
that designs, develops and sells consumer electronics, computer software, and online
services. Facsimile signature of John Sculley as Chairman and President. �� Est. $350-500
Various
120
120 Amazon.com, Inc., 1996 Specimen Stock Certificate Rarity and
Possible IPO Certificate. Delaware, Odd Shares, Common Stock, Specimen
Stock Certificate, Black title with blue end panel and undertint, Jeff Bezos Facsimile
Signature, XF/Uncirculated, Rare modern business history of historic company. Earlier
logo of what appears to be a winding river above the name amazon.com. Very possibly
the IPO stock certificate with an earlier logo that evidently was abandoned. SC-USBN/
ABNC. Rare specimen stock certificate.�� Est. $500-1000
Scripophily - Construction
Building
Massachusetts
121
121 Charles River Embankment Co. 1893 Specimen Bond Massachusetts,
1893. $1000 Specimen 7% First Mortgage Bond, Black text with green border and
underprint, View of dam at top center. Red specimen overprint, 0000 serial numbers,
and POCs. VF condition, ABNC. �� Est. $80-130

Archives International Auctions Sale 64

Archives International Auctions Sale 64

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Archives International Auctions Sale 64