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Auction: 312 - Numismatic Collector's Series Sale
Lot: 2339

Pittsburgh, Binghamton and Eastern RR Co (PA), $1000 5% 50-year gold bonds, 1906, train passes factory town, VF+-EF. The PB & E sold many bonds to finance the building of its line, which would connect the Steel City to Pennsylvania´s coal fields and beyond to New England. After anb initial flurry, little work was done on the road, however, and by 1908 the company was in receivership. [9]

Estimate
$500 to $750