Archives International Auctions Sale 51 U.S., Chinese & Worldwide Banknotes, Scripophily, Autographs and Security Printing Ephemera

Archives International Auctions - Sale 51 110 March 19,2019 Archives International Auctions www.archivesinternational.com SCRIPOPHILY - GUNS, GUN POWDER & EXPLOSIVES Delaware 759 759 Atlas Powder Co., 1936 Specimen Stock Certificate Delaware. <100 Shares Voting Common Capital Stock Specimen Certificate, Black print on ornate green border and under tint, Company title at top with image of Atlas to left holding exploding box of powder, Specimen overprints and POC’s, VF-XF condition, RBNC. In 1902, the company subsequently purchased several smaller chemical companies, and in 1912 these actions gave rise to government scrutiny under the Sherman Antitrust Act. The courts declared that the company’s dominance of the explosives business constituted a monopoly and ordered divestment. The court ruling resulted in the creation of the Hercules Powder Company (now Hercules Inc.) and the Atlas Powder Company (now AstraZeneca). Rare and historic DuPont related explosive companies. ���������������� Est. $200-350 760 760 Hercules Powder Co., 1936 Specimen Stock Certificate Delaware. <100 Shares Preferred Capital Stock Specimen Certificate, Black print on green border and under tint, Company title at top with image of Hercules to left, Specimen overprints and POC’s, VF-XF condition, RBNC. Laflin & Rand Powder Company collaborated with rival DuPont in 1882 and formed Hercules Powder. In 1902 DuPont purchased Laflin & Rand, operating it as a subsidiary. In 1912, a successful Federal antitrust suit against DuPont for its prior “Powder Trust” activities forced the company to dissolve Laflin & Rand and divest a portion of its explosives business into two newly created companies, the Hercules and Atlas Powder Companies. Rare explosives and gunpowder certificate.���������������������������������������������������������������������������������������������������������������� Est. $200-350 West Virginia 761 761 Justin Projectile Co., ca.1890-1900 Specimen Stock West Virginia. Odd Shares Capital Stock Specimen Certificate. Black on green border and underprint with Civil War Battle scene of iron clad ships and mortars during bombardment, Justin developed a dynamite shell that evidently did not work very well during the initial experiments and destroyed the guns that fired the shells, the shells were 3 feet long and 9 inches in diameter and held 30 pounds of nitro-gelatin, Rare early military weapon manufacturer. VF with lower right corner tip missing. ABNC. ���������������������������� Est. $230-375 SCRIPOPHILY - INDUSTRY & MANUFACTURING New Jersey 762 762 NJ. United States Steel Corp., 1901 $5,000 Specimen 5% Gold Bond, VF-XF ABNC FNJ. founded in 1901, U. S. Steel’s origins began with America’s most legendary businessmen, including Andrew Carnegie, J.P. Morgan, and Charles Schwab. Its principal architect was Elbert H. Gary was also its first chairman. At the turn of the century, a group headed by Gary and Morgan bought Andrew Carnegie’s steel company and combined it with their holdings in the Federal Steel Company. These two companies became the nucleus of U. S. Steel. Rare Carnegie related bond that helped form U.S. Steel.�������������������������������������������������������������������������������������������� Est. $300-500 SCRIPOPHILY - MANUFACTURING New York 763 763 General Electric Co. Specimen Bond, 1912 Very Early Issue. New York, 1912, $500, Specimen 5% Coupon Gold Debenture Bond. Blue border and undertint. Allegorical woman flying over city holding an electric light with spread winged eagle above title, underprint of an electric light bulb in middle and an allegorical cherub standing on a winged wheel holding an electric light at bottom. Red specimen overprints, POC’s and “00000” serial numbers. Coupons attached. XF condition. ABNC. Extremely attractive and rare earthly “GE” bond. In 1890, Thomas Edison established the Edison General Electric Company by bringing his various businesses together. A competitor emerged during this time period, the Thomson-Houston Company which became a dominant electrical innovation company through a series of mergers led by Charles A. Coffin, a former shoe manufacturer from Lynn, Massachusetts. As both businesses expanded, it had become increasingly difficult for either company to produce complete electrical installations relying solely on their own patents and technologies. In 1892, the two companies combined and called their new organization the General Electric Company. ������������������������������������������������������������������������������������������������� Est. $300-450