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Auction: 321 - The Numismatic Collector's Series Sale and Stocks and Bonds of the Americas
Lot: 1243

Pittsburgh, Virginia and Charleston Railway Company, (PA), $50 shares, 1890, No. 531, issued to H. C. Fricke and signed by him on the back, brown frame, train in circle, IC, VF+, with signature not effected by cancellations.

Henry Clay Frick, 1849-1919, was a prominent businessman and art collector who served as a forefather of the American steel industry. Frick founded the Frick Coke Company with a cousin, and later bought out his partners to control the company. Upon meeting Andrew Carnegie in 1881, the two formed a partnership between Frick Coke Company and Carnegie Steel Company, and Frick served as the chairman of the Carnegie Steel Company until their partnership dissolved in 1899. After this, Frick became a director of the United States Steel Corporation. A prominent figure in the steel industry, Frick funded the Pennsylvania Railroad, and was the largest individual holder of railway stock in the world in his time. Frick's New York City mansion, located on 70th street and 5th avenue, was converted after his death to The Frick Collection museum, which contains an extensive collection of European art spanning from the pre-Renaissance to post-Impressionist eras.

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