Monday, September 5, 2016

Muscogee Railroad Stock Certificate

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I have added this rare piece of the Muscogee Railroad Co. to my inventory for sale or trade. It is dated 1859. Cox shows no examples in his database.

History: Chartered in 1845 it ran for 50 miles between Columbus to Butler Georgia. Construction started in 1847. The company merged with the Southwestern Railroad in 1856 but continued to use it's old name.

reference: Georgia Railroad History and Heritage

Sunday, August 7, 2016

Added a Confederate piece.

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A special stock issue of the Savannah, Albany and Gulf Railroad with a guaranteed 7 % dividend payment. It's dated May 7, 1861 a few weeks after the Civil War started. Only one listed in Cox.

History: Chartered in 1847 as the Savannah and Gulf Railroad. It's name was changed in 1854 to Savannah, Albany and Gulf Rail Road. It operated the Atlantic and Gulf Railroad until it merged with it in 1863 under the Atlantic and Gulf name. It was a minor player in the Civil War effort with  light traffic and failure to get additional track to expand it's route to more critical areas. General Sherman in his infamous March to the Sea did manage to destroy 40 miles of it's track in 1864.


Sunday, July 10, 2016

Addition to inventory 7/10/2016

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I have added some pieces for trade or to sell. I will be adding them to my website in the next few weeks. This is one of my new ones with an attractive vignette. Only four known in Cox not a common certificate.

Thursday, June 16, 2016

Signed by one of the "Big Four"

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I have not listed this one on my website. Relatively common with a Cox rarity of R4. It is not cancelled and dated Aug. 11, 1890. It is signed as president Collis P. Huntington. Hopefully anyone with an interest in American railroad history knows this gentleman. If not check this link out Collis P. Huntington .

This is an interesting example with dividend coupons. I have not seen a common stock with dividend coupons before. One word about this piece it is glued to a cardboard backing. It was at one time in a frame! My most hated way to display a stock certificate. For this reason I bought it at a reduced price. It is available for sale or trade.

Monday, December 28, 2015

New arrivals for Christmas 2015

Two additions with great vignettes by the American Bank Note Company. They are available for trade or sale.
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Monday, October 5, 2015

Nice Short-term Gain

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The Freunde Historishcher Wertpapiere (F-H-W) auction no. 108 ended  Oct 3, 2015. Among the lots sold was this Litchfield, Carrollton & Western Rail Road. I know a little about this piece since I consigned it in the Archives International Auction of May 7, 2015.This piece sold with buyers premium for $472.00. The buyer of this piece saw more value than other American collectors did since he or she consigned it to F-H-W. Check the auction results in the F-H-W action here. A fellow collector mentioned to me that sending rare pieces to Europe would mean that US collectors won't have access to them possibly for decades. With prices like this I think more piece will be going across the pond.