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Auction: 21143 - Bonds and Share Certificates of the World e-Auction
Lot: 503

U.S.A.: Locomobile Company of America inc., 20 year First Mortgage 6% Sinking Fund Gold Bond, $500, 1922, a specimen certificate from the American Banknote Co. archives, vignette of allegorical female, green and black, with coupons, numbered 00000 and overprinted specimen in red. Began manufacture of steam cars in 1899 and switched to internal combustion engines in 1904. Bought by Durant in 1922 who continued the Locomobile name until production ceased in 1929. GVF+ and rare.

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Estimate
£80 to £100

Starting price
£65