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64 Items.  Showing Items 1 thru 9.
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A VERY RARE DUNKIRK, ALLEGHENY VALLEY AND PITTSBURGH RAILROAD COMPANY STOCK ISSUED TO AND SIGNED BY COMMODORE VANDERBILT

 #3

"COMMODORE" CORNELIUS VANDERBILT (1794-1877). Vanderbilt, a steamship and railroad promoter, founded the family fortune which exists yet today. He began his rise at 16 as the owner-operator of a small ferryboat which ran between Staten Island and New York City. In 1829, after some years of running a hotel and various other enterprises, Vanderbilt entered the steamboat business on his own, operating a shipping service on the Hudson. By the early 1850s, he had established numerous shipping lines, with routes to Europe and to San Francisco via a Nicaraguan land route, and was widely considered the leading American steamboat owner. He acquired the title "Commodore" around 1845 as a result of his shipping interests. As he neared 70, Vanderbilt sold his shipping interests and turned his attention to railroads, a move which resulted in the creation of one the nation's great transportation systems. He began, in the early 1860s, by gaining control of the New York and Harlem Railroad, followed shortly after by the run-down Hudson River Railroad. In both cases, Daniel Drew and other stock manipulators tried to make a killing at Vanderbilt's expense by short-selling stock in these companies, then trying to force the stock price down. Vanderbilt outwitted them, however, and many either lost substantial amounts of money or were ruined. In 1867, Vanderbilt acquired the New York Central Railroad and, in 1869, merged it with the Hudson River Railroad, thus forming the New York Central and Hudson River Railroad. In 1868, Vanderbilt attempted to gain control of the Erie Railroad, but was, at last, outwitted by Drew, James Fisk, and Jay Gould, who were in control of the railroad and dumped 50,000 shares of fraudulent stock on the market for the unwitting Vanderbilt to buy up. The trio then escaped to New Jersey to avoid both Vanderbilt's wrath and prosecution for their scheme. Vanderbilt's well-documented battles with Drew and Gould for control of the New York & Harlem, Hudson River and Erie railroads form some of the most colorful and exciting pages in U.S. financial history. In 1873, convinced by his son, William, that they should extend their rail system to Chicago, Vanderbilt bought the Lake Shore and Michigan Southern Railway and, in 1875, the Michigan Central and Canada Southern railroads. During the panic of 1873, Vanderbilt announced that the New York Central was paying its dividends as usual, and he let out contracts for the construction of the Grand Central Terminal. In this way, Vanderbilt used his wealth as stabilizing influence in the U.S. economy during the last years of his life. 1873, New York and Pennsylvania. Certificate for 1,125 shares of one hundred dollars each. Issued to and signed “C Vanderbilt” on the verso. Black on white paper. There are cut cancellations in the officers’ signatures that do not affect Vanderbilt’s dark signature in any way. The Dunkirk, Allegheny Valley and Pittsburgh Railroad traveled between Dunkirk, New York and Oil City and Titusville, Pennsylvania. It was formed by the consolidation of the Dunkirk, Warren and Pittsburgh Railroad with the Warren and Venango Railroad. It was then leased to the New York Central Railroad, which was controlled by Vanderbilt. The piece has light toning along top margin and is in fine condition. A rare piece by the original railroad mogul.

Catalog: # MH235
Date: 1873
Cancellation: Cut
Condition: VF+
Price: $13500.00

13th & 15th Streets Passenger RW Company Issued To And Endorsed By Meyer Guggenheim

 #3377
Horses, girl, 'MeyerGuggenheim' iss.
Catalog: # MH215
Date: 1886
Location: PA, Philadelphia
Cancellation: Hole
Condition: VF
Price: $4500.00

A COLORFUL GRUEN WATCH COMPANY STOCK CERTIFICATE

 #3525
1928, Ohio. An exceptionally ornate and colorful certificate for 3 shares. Black with an ornate orange, blue and brown border. Vignette at bottom right corner of the company’s Cincinnati workshops. Signed by president FREDERICK G. GRUEN, son of the company’s founder Dietrich Gruen. Founded in 1874, Gruen was known for its production of high quality works used in the Swiss Rolex. Litho. Uncancelled and in Excellent condition.
Catalog: # MH229
Date: 1927
Location: OH, Cincinnati
Cancellation: I/NC
Condition: VF+
Price: $1250.00

A RARE BOND ISSUED DURING THE WAR OF 1812 ENDORSED BY JOHN JACOB ASTOR

 #3652

JOHN JACOB ASTOR (1763-1848). Fur trader; Capitalist. Astor remains as one of the quintessential representations of wealth in America. He was certainly the greatest merchant of his time, with the beginning of his fortune being founded upon fur trading and his founding of the American Fur Company. By investing much of his profits in New York real estate, he gained control of a large portion of Manhattan property, building some of its most prominent early buildings. He was for some time, the wealthiest individual in America. At the time of his death, his fortune was conservatively estimated at $20,000,000.

This loan was authorized by Congress on February 8, 1813 to fund a extremely large projected deficit resulting from carrying on the war against Great Britain. Endorsed on verso by John Jacob Astor and Peter Schenck, a partner of Astor's in a variety of business dealings. 

Catalog: # MH109
Date: 1816
Location: New York
Cancellation: Sig
Condition: F+
Price: $19500.00

A Rare General Motors Company Stock Issued To And Signed On Verso By William C. Durant

 #4229
WCDurant
Catalog: # MH208
Date: 1916
Location: NJ
Cancellation: Stamp
Condition: EF
Price: $12500.00

A Rare Presidential Payroll Check Issued To Herbert Hoover And Endorsed By Him On Verso

 #19911
Shield, 'HerbertHoover' iss.
Catalog: # MH240
Date: 1933
Location: DC, Washington
Cancellation: Pin
Condition: VF+
Price: $8500.00

A Scarce Sutro Tunnel Company Stock Certificate Signed by Adolph Sutro

 #57

1868, Nevada. Stock certificate for 57 shares. Black. Nice woodcut vignette of a miner holding a pick at upper left. Litho. Attached adhesive at lower left. Signed as president of the company by ADOLPH SUTRO.(1830-1898). Mining engineer. Sutro formed the Sutro Tunnel Company which constructed a tunnel to provide ventilation, drainage and an easy means of transporting men and materials to and from the mines in the region of the Comstock Lode. Retiring to San Francisco in 1879, he became active in civic and business affairs, and was elected mayor in 1894. Always interested in the history and science of printing, he amassed a collection of over 200,000 volumes on this subject, much of which now forms a part of the San Francisco Public Library. A scarce certificate of this, one of the centuries’ most important engineering projects signed by Sutro. Uncanceled and Fine.

Catalog: # MH459
Date: 1868
Location: NV
Cancellation: Pen
Condition: Fine
Price: $1500.00

A Very Rare Central Pacific Railroad Company Bond Signed By Leland Stanford And D. Ogden Mills

 #9995
Train,wagons,ships,'Stanford,DOMills'
Catalog: # MH111
Date: 1868
Cancellation: Hole
Condition: VF-
Price: $20000.00

A Very Rare Firestone Tire & Rubber Company Stock Certificate Signed By Harvey Firestone

 #P753
"Firestone" emblem, 'HSFirestone'
Catalog: # MH185
Date: 1911
Location: OH, Akron
Cancellation: I/NC
Condition: VF+
Price: $15000.00

64 Items.  Showing Items 1 thru 9.
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