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Auction: 320 - The Numismatic Collector's Series Sale and the Forest Park Collection
Lot: 1604

New Jersey Junction Railroad. (NJ) $1000 4% gold bond, guaranteed by the NY Central & Hudson River RR. Signed on the back panel by John Pierpont Morgan and HC Fahnstock. Brown. The back panel features ships on the Hudson, including Morgan's own yacht, Corsair. IU. VF+. John Pierpont Morgan (1837-1913) became one of the richest men in the United States with shrewdly managed investments in railroads, steel, and gold; his economic power was such that his personal intervention helped end the Panic of 1907.

Sold for
$270