1820
Pan Motor Co. Issued, 5 shares, June 29, 1918
Currency:USD
Category:Antiques
Start Price:100.00 USD
Estimated At:200.00 - 250.00 USD
NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2008 Mar 20 @ 15:00UTC-5 : EST/CDT
Pan Motor Co. Issued, 5 shares, June 29, 1918, green and black, with large full side view of the car, plus its Moto-Meter and radiator emblem. Signed by S.C. Pandolfo, Pres. Curiously imprinted "Original Sale Price $10.00 Each. Special agreement on other side," this offering 15% discount on "automobiles and other machines manufactured by this company." Shares sold to "Pete Sategna," probably an Italian immigrant who was enticed into this swindle of epic proportions. In Feb. 1919, Pandolfo was indicted, in what was termed "one of the most remarkable cases in the history of big advertising frauds."--Standard Catalog.... Local imprint, "Made in St. Cloud by the Fritz-Cross Co." Two vertical folds worn at top and bottom, some minor edge stains, but good. One of the more conspicuous stocks in the annals of the automobile - and of American financial history.
Auction Location:
P.O. Drawer 821, Yonkers, New York, 10702, United States
Previewing Details:
By appointment. Call for information.
NY State buyers charged sales tax at their respective City/County rate.
Taxes:
| Tax | Rate | Desc. |
| NY |
8.38% |
NY State Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
9,999.00 |
20% |
| 10,000.00 |
Infinite |
20% |
Additional Fees:
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* ALL BIDS MUST BE PLACED BY 8:00 P.M. EASTERN TIME SHARP ON TUESDAY, MARCH 18, 2008. No bids are accepted after this time. Please leave your bids absentee on the eBay system before this time. Live bidding on eBay auction day will only use bids placed before this deadline. *
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FOR BIDDERS USING
iCOLLECTOR.COM/eBAY LIVE
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18, 2008. No bids are accepted after this time.
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ABOUT THIS AUCTION
The underlying auction in which you are bidding is Cohasco, Inc.s traditional mail-telephone auction.
Cohasco, Inc. has been in business for 62 years, originally in lower Manhattan, and presently in Yonkers, located on the New York City line.
We believe we are today the second oldest full-time autograph and manuscript dealer in North America.
You will be doing business with an old-fashioned firm. This is not a part-time hobby, nor are we newcomers. Over the years, we have handled major rarities and important collections, as well as more pedestrian material, and have sold to many of the preeminent government repositories, university libraries, and archives, as well as collectors and dealers around the world. We do not generally handle modern autographic material, as this can be prone to question.
Members of the firm enjoy life membership in the New-York Historical Society and U.A.C.C., and membership in the Manuscript Society for about forty years. Members of the firm are past or present members of the Rotary Club of New York. Our founder is a Knight-Commander of Malta, among other honors.
We have been issuing printed catalogues for decades, and continue to do so; this is our third auction to be shown on iCollector.com/eBay Live.
(The printed catalogue which underlies this auction is 128 pages, and may be obtained by Priority Mail for 10.00 domestic, 15.00 international.)
ABOUT ILLUSTRATIONS OF LOTS
Of the more than six hundred lots in this auction - containing thousands of pieces, we have photographed about 75 interesting items. Many items do not lend themselves to photography. Others are large lots. And others still are formats which are familiar to collectors.
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In the last two days before closing date it is extraordinarily busy, and it may not be possible to supply illustrations or to provide responses to questions which involve detailed research or examination of the item. We encourage you to ask questions about the material that interests you well in advance of the closing date.
ABOUT AUTHENTICITY OF OUR MATERIAL
With respect to authenticity, we stand behind our warranty in our Terms and Conditions above, as well as our sixty-two years in business. If you are a successful bidder and wish a certificate of authenticity, we will be pleased to provide our own. Any occasional item which may be a secretarial signature, facsimile, or other exception is specifically noted in our descriptions.
ABOUT BIDDING
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18, 2008. No bids are accepted after this time.
The underlying auction is a traditional mail-telephone auction. Some of our regular bidders employ contingency bids, have spending limits, and other stipulations.
All bids must be entered, then carefully double-checked for accuracy.
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In this manner, all bidders - whether by mail, phone, fax, e-mail, or iCollector/eBay Live - will be bidding on an equal footing.
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Results will be available from our office, by request, beginning Monday, Mar. 24. You are welcome to call or e-mail; please be sure to state the lots for which you wish information, and the full name under which you bid. It is not always possible to match a username only with lot numbers won. Time will not necessarily permit posting of complete prices realized on our website.
WHAT HAPPENS WHEN THE AUCTION IS OVER?
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We take pride in informing our buyers that each shipment is packed with care; this is particularly important if your lots are fragile, of an unusual shape, or difficult to handle. It may take an expert packer two or more hours to pack one such lot.
We are not in the same position as a private seller with a few items on offer at a time. It is understandably impossible to ship all lots at the same time. It may require up to several weeks for your acquisitions to reach you following receipt of payment.
We ask our customers to keep the above in mind.
A NOTE
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IF YOU HAVE OTHER QUESTIONS ...
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PLEASE NOTE THAT ALL BIDS MUST BE RECEIVED BY MARCH 18, 2008, 8:00 P.M. E.S.T.