NOT SOLD (BIDDING OVER)
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This item WAS NOT SOLD. Auction date was 2010 Aug 19 @ 11:00UTC-04:00 : 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.
1867, New York. Certificate for 10 Shares of Scrip Preferred Stock" of the Milwaukee and St. Paul Railway Company. Green. Vignette at top center of a female allegorical figure with a train scene to her right and a shipping scene to her left. 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 "put and call options", Sage greatly changed the way speculators played the stock market. Among America's most powerful and wealthy bankers, he financed Jay Gould and made a vast fortune on the latter's stock manipulations. "Sage was one of the shrewdest and most conservative of all great financiers." (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 not affecting signature. Extremely Fine.
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