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Auction: 321 - The Numismatic Collector's Series Sale and Stocks and Bonds of the Americas
Lot: 1567

Edison Storage Battery Company (NJ), $100 shares, 1924, No. C31, signed by Thomas Edison as President, and issued to and signed by Samuel Insull, battery with "EDISON" label flanked by women, IC, VF+, stub pasted lightly over left border. Small punch cancels effect the Edison signature.

For Thomas Edison, the quest for a perfect battery occupied a great deal of time, energy, and money. A great deal was at stake. Edison was engaged in a friendly rivalry with Henry Ford that would eventually decide whether the world would drive electric or gas powered automobiles. Edison failed in his quest, and until modern times, internal combustion has prevailed with little competition. Insull was a mid-Western utility magnate who built an empire that eventually crashed and burned.

Sold for
$525