Archives International Auctions Sale 64 U.S., Chinese & Worldwide Scripophily; U.S. & World Coins; Medals January 27, 2021

Archives International Auctions - Sale 64 156 January 27,2021 Archives International Auctions www.archivesinternational.com Vermont 852 852 Burlington and Hinesburgh Railroad Co., 1984 Specimen Bond Rarity Vermont. $500 specimen 5% First Mortgage Thirty Year Gold Coupon Bond, Black print on ornate green border and under tint, Locomotive moving down track at top, VF-XF condition with minor paper toning and splitting at fold lines, ABNC. Listed railroad on Cox, unlisted Bond Variety with only 2 examples found in the ABN Archives.. ��������������������������������������������������������������������������������������������������������������������������������� Est. $200-350 Virginia 853 853 Atlantic Mississippi & Ohio Rail Road Co. 1871, I/C Bond Signed by Confederate General William Mahone. Atlantic, Mississippi and Ohio Railroad (AM&O), 1871, $1000 7% First Mortgage Coupon Bond with Imprinted Revenue, was formed in 1870 in Virginia from 3 east-west railroads which traversed across the southern portion of the state. Organized and led by former Confederate general William Mahone (1826-1895), the 428-mile (689 km) line linked Norfolk with Bristol, Virginia by way of Suffolk, Petersburg, Lynchburg, and Salem. The AM&O was promoted as a trade link to the west, and further expansion was envisioned with the goal of increasing Virginia’s Ohio Valley and Mississippi Valley commerce. It was heavily backed by investors from England and Scotland. The AM&O went into receivership after the U.S. Financial Panic of 1873. After several years of continuing financial problems, Mahone’s relationship with the bondholders soured, and he was removed as trustee, but was permitted to continue to lead operations. Finally, in 1881, the AM&O was sold at auction. It was acquired by other U.S. interests based in Philadelphia who outbid Mahone. They were already building Shenandoah Valley Railroad and had a new commodity in mind: bituminous coal. The AM&Owas renamed to Norfolk andWestern Railway (N&W). Norfolk &Western Railway was expanded west into the coalfields, and later into a much large system, eventually tapping the Ohio Valley and Mississippi Valley commerce as earlier promised Virginia. The N&W was combined with the Southern Railway, another profitable carrier, to form Norfolk Southern Corporation (NS) in 1982. Today, much of the former Atlantic, Mississippi and Ohio Railroad remains in service for Norfolk Southern. �������������������������������������������������������������������������������������������������� Est. $130-250 854 854 Big Stony Railway Co. 1896 I/C Stock Certificate with Low Serial #11. Virginia, 1896. 1 Share I/C Capital Stock Certificate #11, Black text with black border and green undertint, Eagle on rock at top center. Cancelled written in ink at center, VF condition. Scarce railroad with only this stock certificate variety known to collectors. ������������������������������������������������������������������������������������������������������������������� Est. $50-90 855 855 Carolina, Clinchfield & Ohio Railway Co., 1922 Specimen Bond. Virginia, 1922, $100, Specimen First and Consolidated Mortgage Gold Coupon bond, Train and track workers under title, POC’s, XF. Olive, ABNC. Only known as a specimen in Cox, no issued examples known. Rare. ����������������������������������������������������������������� Est. $80-140 856 856 Southern Railway Co., 1906 Specimen Bond Virginia. $1000 Specimen 6 1/2% Development and General Mortgage Gold Coupon Bond, Black print on blue border and under tint, Locomotive passing men carrying rail road tie, Specimen overprints and POC’s, VF-XF condition, ABNC. ������������������������������������������������������ Est. $75-150