Archives International Auctions Sale 59 U.S., Chinese & Worldwide Banknotes, Scripophily, and Security Printing Ephemera and Historic Ephemera May 7, 2020

Archives International Auctions - Sale 59 48 May 7,2020 Archives International Auctions www.archivesinternational.com Indiana 285 285 Studebaker Corp., 1935 Specimen Bond. Delaware. $100, Specimen 6% Coupon Bond. Black on olive green border, Old Studebaker Shop on top, VF condition, ABNC. Rare as specimen and as a bond. Studebaker was an American wagon and automobile manufacturer based in South Bend, Indiana. Founded in 1852 and incorporated in 1868 as the Studebaker Brothers Manufacturing Company, the firm was originally a producer of wagons, buggies, carriages and harnesses. Studebaker entered the automotive business in 1902 with electric vehicles and in 1904 with gasoline vehicles, all sold under the name “Studebaker Automobile Company”. Until 1911, its automotive division operated in partnership with the Garford Company of Elyria, Ohio, and after 1909 with the E-M-F Company. The first gasoline automobiles to be fully manufactured by Studebaker were marketed in August 1912. Over the next 50 years, the company established a reputation for good quality and reliability����������������������������������������� Est. $120-200 Scripophily - Aviation Michigan 286 286 Detroit Aircraft Corp., 1930 I/U Stock Certificate. MI. 1930. 100 Shares I/U stock certificate. Green border and undertint. Vignette with blimp, early airplane and propeller airplane heading straight at viewer. XF condition. E.A. Wright BNC. Scarce and popular certificate. �������������������������������������������������������������������������������� Est. $130-200 Nevada 287 287 Bonanza Air Lines, Inc., 1964 Specimen Bond Nevada. $100 Specimen 5 1/4% Convertible Subordinated Debenture Coupon Bond, Black print on blue border and under tint, Company logo at top, Specimen overprints and POC’s, VF-XF condition, ABNC. ����������������������������������������������������������������������������������������������������������������������� Est. $85-170 288 288 Gray Goose Airways, Inc., 1932 I/U Stock Certificate Nevada. 50 Shares Capital Stock I/U Certificate, Black print on black border and brown under tint, Small image of goose with company title at upper left corner, Fine-VF condition, Goes.�� Est. $45-90