NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2010 Aug 19 @ 11:00UTC-4 : AST/EDT
Stock certificates from the United States and other countries around the world. Items offered cover a wide variety of collecting topics including automotive, railroads, mining, autographed and much more.
February 1, 1895. England. Light green. The $1000 bond was “Payable both Principal and Interest in the United States. One Half of This Loan is Reserved For Issue In America…The bearer, having paid the sum of fifty pounds in accordance with the terms of the Prospectus of the 19th February, 1895, will , on payment of the remaining Installments, amounting to One hundred and seventy-seven Pounds, at the periods specified, be entitled to receive in exchange for this Scrip a Definitive bond for One Thousand Dollars, when ready for delivery.” The installments were to be paid to the government’s agent, N. M. Rothschild & Sons in London. This bond issue was completed in order to avert a gold panic similar to what had brought about the Panic of 1893 amid fears of currency depreciation. N. M. Rothschild & Sons along with J. S. Morgan & Company contracted to sell the loan. An important example of a bond issued to fund the U.S. government during a period financial uncertainty. This bond was one of four which surfaced in the following denominations: $100, $500, $1,000 and $5,000. Excellent condition.
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Infinite |
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