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Archives International Auctions AIAXXVII
89
August 4, 2015
Archives International Auctions
www.archivesinternational.com497
497 Salomon Brothers & Hutzler Specimen Bond.New York, 1969,
$-odd, 8% 15 Year Subordinated Debenture Due October 1, 1983
Specimen bond. Blue border and underprint, Classical bust of man
on top, No coupons, Specimen overprint, POC’s, XF condition. In
1910, With $5,000 in savings and a small family loan, Arthur, Herbert
and Percy Salomon left their father’s firm and started their own busi-
ness, Salomon Brothers, at 80 Broadway in NewYork City. Salomon
joined forces with Morton Hutzler, an established firm with a seat
on the New York Stock Exchange and Salomon Brothers & Hutzler
was then formed. They registered with the Treasury Department in
1917-1918 seeing the opportunity that The Liberty Loan Act of 1917
offered and became one of the first primary dealers in U.S. gov-
ernment securities in the U.S. A scandal in 1991 involving a Salo-
mon trader Paul Mozer, who had been submitting false bids in an
attempt to purchase more Treasury bonds than permitted by one
buyer during the period between December 1990 and May 1991 led
to Salomon being fined $290 million for this infraction, the largest
fine ever levied on an investment bank at the time. One of 3 Salomon
Specimen Bonds found, all unique denominations and colors. ABNC.
HistoricWall Street Firm.�����������������������������������������������������Est.
$150-300
Pennsylvania
498
498 EastonNational Bank ca.1900SpecimenStockCertificate.Easton,
Pennsylvania. 19xx. Odd Shares, Specimen stockCertificate, Eagle in
middle, three portraits at right, Standing Liberty on left, XF, ABNC.
�������������������������������������������������������������������������������������������� Est.
$80-160
499
499 Franklin Trust Co., of Philadelphia, ND )ca.1920-30’s) SpecimenStock.
Pennsylvania, ND, Specimen Stock, <100 Shares, Black print
on green border and underprint, Franklin harnessing electricity from
lightning with onlookers in front on barns top center, Red SPECIMEN
overprints and POC’s, VF-XF, SBNC. ������������������������������������� Est.
$75-150
500
500 Girard Trust Company Specimen Shares. CA 1900.Philadelphia,
Pennsylvania. Blue border, portrait of Stephen Girard, founder, Gi-
rard Trust Building below, ABNC, EF. This company became the suc-
cessor to the Girard Bank, founded by Stephen Girard in 1811. ��� Est.
$85-170
Scotland
501
501 Royal Bank of Scotland, ca.1970-80 Specimen “ADR” StockCertif-
icate.
Scotland. OddAmerican Depositary Shares, Black on blue bor-
der, Specimen stock certificate issued by Citibank. XF, TDLR. Scarce.
�������������������������������������������������������������������������������������������� Est.
$80-160