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Russell Sage Signed Certificate For Preferred Stock In The Milwaukee & St. Paul Rw Co.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:85.00 USD Estimated At:145.00 - 175.00 USD
Russell Sage Signed Certificate For Preferred Stock In The Milwaukee & St. Paul Rw Co.
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1872, New York. Certificate for 10 Shares of Preferred Stock&#34. Red. Vignette at top center of a train. Litho. Twenty five cent attached revenue stamp at top left. Signed as vice-president of the company by RUSSELL SAGE (1816 -1906). Banker; financier; congressman. As the originator of &#34put and call options&#34, Sage greatly changed the way speculators played the stock market. Among America&#39s most powerful and wealthy bankers, he financed Jay Gould and made a vast fortune on the latter&#39s stock manipulations. &#34Sage was one of the shrewdest and most conservative of all great financiers.&#34 (DAB) At one time he is said to have had $27,000,000 out on call loans. At the time of his death he left a fortune worth an estimated $70,000,000. Stamp and punch cancellations. Punch cancellation slightly affects signature. Extremely Fine.