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Auction: 22140 - Bonds and Share Certificates of the World - e-Auction
Lot: 624

(x) U.S.A.: New York Real Estate Improvement Company, First Mortgage bond for $500, 1890, #1, lovely vignette of Vanderbilts Grand Central Depot and the adjacent Grand Union Hotel, ornate border, brown and black with coupons. The company was incorporated in 1881 and owned a large plot of land at Clifton, Staten Island which they hoped to sell off in lots. Why they chose this vignette will remain a mystery but it could be the link between Vanderbilt and Staten island where he was born or perhaps because these buildings were some of the best in New York. Spike holes at bottom edge otherwise GVF.

Subject to 5% tax on Hammer Price in addition to 20% VAT on Buyer’s Premium.

Sold for
£30

Starting price
£30