Showing posts with label collectible bonds. Show all posts
Showing posts with label collectible bonds. Show all posts

Saturday, November 17, 2012

US Steel Corporation Bond and Andrew Carnegie

Andrew Carnegie (1835-1919), Manufacturer and Philanthropist. Began an illustrious career as a bobbin boy at age 13, then became a self taught telegrapher with the Pennsylvania Railroad. In 1853-65, he introduced use of the Pullman sleeping cars, organized the military telegraph department, and was active in transporting troops during the Civil War. After leaving the railroad, he focused on iron and then the steel industry.

His policy of “putting all his eggs in one basket, and then watching the basket” was extremely successful.

By 1889 steel production in the U.S. was first in the world, and in 1901 he sold his company, Carnegie Company to the U.S. Steel Corporation for $250 million. The Carnegie Foundation of New York donated millions to scientific research, the advancement of teaching, the furthering of international peace, and the reward of heroic acts. The foundation is well known for building public libraries.

This historic bond is dated 1901, the very year that he sold his company. This beautiful $100,000 5% United States Steel Gold Bond is issued to Andrew Carnegie, but not signed. The rarity of Carnegie stocks and bonds is well known. A while back, two signed examples of this bond were sold to collectors at $125,000 per bond! Neatly stamp and hole cancelled. The graphics and cranberry red color are truly exceptional. Fresh Excellent Condition. A portrait of Carnegie is included.

If we had to pick the top 10 U. S. stocks or bonds of all time, this would be one of our top choices!

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Old Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.

Saturday, May 19, 2012

$50 4th Liberty Loan Bond





We recently sold a $50 4th Liberty Loan Bond. This is the only known $50 Liberty Loan Replacement Bond that exists.


The Red Star located to the right of the serial number on the bond as well as on each coupon is used to display that this particular serial number did not reach circulation. There was an error somewhere in the process of making the bond, therefore needing to reissue the same serial number, but with a Red Star.

There is only one other known Star Replacement Bond, but in a different denomination. That bond is valued around $25,000.

Condition: E.F. with minor flaw
Year: 1918

Thursday, March 29, 2012

Robert Kingston Scott of South Carolina Signed Bond

Robert Kingston Scott of South Carolina Signed Bond.

Robert Kingston Scott, (1826-1900). Union Soldier and Governor of South Carolina. During the Civil War he received honorable mention for gallantry in action and commanded a brigade in Sherman's march to the sea. Later promoted to Brigadier General and at the end of the war was brevetted a Major General.

Beautiful uncancelled Bond dated 1869 with several rows of coupons. Truly exceptional! Superb in Many Ways!!!

State: South Carolina
Year: 1869

Monday, July 11, 2011

1913 Chinese Reorganization Bonds

Imperial Chinese Government Hukuang Railways bonds are well-nigh ubiquitous in the marketplace. They were issued in 1911 by a consortium of banks in London, Berlin, Paris and New York, with serial numbers running into the six digits, of which hundreds if not thousands appear to have survived. A few bear New York State adhesive revenue stamps; shown here is a New York issue £100 bond with Secured Debt $1 and Investments $1 stamps paying New York’s Investments tax in 1917 and 1918; this secured for the bondholder exemption from that state’s onerous personal property tax.

In an effort to rebuild China's financial structure, the Chinese government issued bonds in four major world currencies: French, Russian, German and British (francs, rubles, marks and pound-sterling). The 1913 Chinese bonds were risky. They were issued only two years after centuries of rule by Chinese dynasties ended when a group of rebel warlords seized power.

The new government, in turn, succumbed to the Chinese communists led by Mao Zedong in the late 1940s.

China, 1913, Blue-Red. £100 5% Reorganization Gold Loan Bond, German Bank Issued. Uncancelled. 42-43 Coupons. Many coupons. Coupon bonds of this era are generally large and spectacular—American bonds typically measure about 10 by 15 inches—but this one sets new standards on both scores. Important to stress that these bonds have been bought up in recent years and pretty much taken off the market. As a result prices have risen rather dramatically. Excellent Condition!!! Price upon request.

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds
http://www.glabarre.com