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Auction: 312 - Numismatic Collector's Series Sale
Lot: 3408

American Telephone and Telegraph Co (NY), Preferred shs, 1971, angel with wire holds lightning aloft while on globe, familiar bell-in-circle logo, blue and gold, good VF-EF. In 1971, AT&T was still considered a natural monopoly, but already its control of US voice communication was starting to be challenged by microwave-relay company MCI; in another decade, it would be forced to break up into smaller regional copmanies. [142]

Sold for
$110