SAGE, RUSSELL
RUSSELL SAGE (1816-1906). Sage, a banker, was the originator of "put and call options", which 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. At the time of his death he left a fortune worth an estimated $100 million.

Products

Russell Sage Issued To And Signed Milwaukee And St. Paul Railway Company Stock

 SAGE, RUSSELL
1868, Minnesota. Issued to and signed on verso by RUSSELL SAGE. (1816-1906). Banker; Financier; U.S. 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.

Ten share certificate for Scrip Preferred Stock of the Milwaukee & St. Paul RW Co. Green. Female allegorical figure vignette at top center. Litho. 25 cent adhesive revenue stamp attached at top left. Stamp and punch cancelled, Sage's signature is unaffected. Very fine.

Catalog: # SB-2636
State: Wisconsin
Topic: Famous People on Stocks and Bonds
Price: $225.00

Russell Sage Orders A Dividend Payment Be Made

 SAGE, RUSSELL
Russell Sage (1816-1906) Banker; Financier; U.S. Congressman. As the originator of “put and all options”, Sage greatly changed the way speculators played the stock market. Among America’s most powerful and wealthy bankers, he finance Jay Gould and made a vast fortune on the latter’s stock manipulations. “Sage was on 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. DS 1 page. Troy, August 3, 1854. “Commercial Bank of Troy will pay to the order of A. Cary eleven hundred and fifty dollars, the amount of my dividend and he is hereby authorized to receipt the dividend book for said amount in my name or otherwise. Russell Sage.” Fine
Catalog: # AM-1035
Topic: Business
Price: $275.00

Signed By Russell Sage As President

 SAGE, RUSSELL
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.
Catalog: # SB-2149
State: Wisconsin
Topic: Famous People on Stocks and Bonds
Price: $225.00

St. Louis, Alton And Terre Haute Railroad Company

 SAGE, RUSSELL
1878, Illinois and Indiana. Stock certificate for 100 shares. Pink. Vignette of cattle at upper center with a scene along the entire bottom of the certificate depicting a train traveling out of a mountain tunnel to a small seaside station. The certificate is issued to and signed on verso by Russell Sage. Pen and punch cancelled.
Catalog: # SB-2532
State: Missouri
Topic: Famous People on Stocks and Bonds
Price: $225.00

Standard Oil Trust Issued To And Signed Twice On Verso By Russell Sage

 SAGE, RUSSELL
1895, New York. Stock certificate for one hundred shares. Brown. Vignette of municipal building at right. Issued to, and signed on verso twice by, RUSSELL SAGE [(1816-1906). Financier and politician from New York.] Also signed by secretary HENRY M. FLAGLER [(1830-1913) Millionaire and industrialist who co-founded Standard Oil], and W.H. Tilford, as attorney. One of Sage’s signatures is crossed out and marked “error.” A superb association of Sage, Flagler and Tilford on a certificate. Fine.
Catalog: # SB-4149
State: New York
Topic: Famous People on Stocks and Bonds
Price: $1750.00