Archives International Auctions Sale 69 August 4, 2021 U.S. & Worldwide Banknotes, Scripophily, Coins,

Archives International Auctions - Sale 69 84 August 4, 2021 Archives International Auctions www.archivesinternational.com Minnesota 548 548 Bellanca Aircraft Corp. 1972 Specimen Stock Certificate Minnesota, 1972. Odd Shares Specimen Stock Certificate, Black text with brown border, Allegorical woman at top with globes and airplanes. Specimen POCs, VF condition, Federated BN. ��������������������������������������������������������������������������������������������������������������������������������� Est. $100-180 Nevada 549 549 Trans International Airlines Corp 1964 Specimen Stock Cert 100 Shrs XF ABN, Kirk Kerkorian Company. Nevada. Trans International Airlines was an airline that offered charter service from and within the United States. It was founded by Kirk Kerkorian, a future travel and entertainment mogul, who started the company in 1947 by purchasing Los Angeles Air Service, a small charter operator. ��������������������������������������������������������������������������������������������������������������������������������� Est. $100-180 SCRIPOPHILY - BANKING, FINANCE & INSURANCE Bermuda 550 550 Bank of Bermuda Ltd., 2001 Specimen Stock. Bermuda, 2001, Specimen Stock, Odd Shares, Underprint photograph of aerial view of Hamilton, Bermuda, VF- XF condition, ABNC. ������������������������������������������������������������������������������������������������ Est. $85-170 Delaware 551 551 Chase Manhattan Corp. 1990 Specimen Stock Certificate. New York, 1990. Odd Shares Specimen Stock Certificate, Black text with green border and underprint, Portrait of Salmon P. Chase at top center. Specimen POCs, VF condition, ABNC. ���������������������������������������������������������������������������������������������������������������������� Est. $75-150 552 552 Dun & Bradstreet Corp. 1982 Specimen Stock Certificate Delaware, 1982. Odd Shares Specimen Domestic Share Stock Certificate, Black text with blue border at left and underprint, Pair of allegorical men with wheel at top center. Black specimen overprints, specimen POCs, Manufacturing Copy stamp, and POCs. VF condition, ABNC. ����������������������������������������������������������������������������������������������������� Est. $70-140 553 553 Equity Funding Corp. of America, 1970-80’s Specimen Stock Certificate Historic Insurance Scandal and Fraud. Delaware, ND (1980-1990s). >100 Shares Specimen Stock Certificate, Black text with green border and underprint, Allegorical woman with wires and globe at top center. Red specimen overprints and POCs. VF condition, SCBN. Equity Funding Corporation of America was a Los Angeles-based U.S. financial conglomerate that marketed a package of mutual funds and life insurance to private individuals in the 1960s and 70s. It collapsed in scandal in 1973 after ex-employee Ronald Secrist and securities analyst Ray Dirks blew the whistle on massive accounting fraud, including a computer system dedicated exclusively to creating and maintaining fictitious insurance policies. Investigation found that from 1964 onward, as many as 100 company employees had engaged in organized deception of investors, auditors, reinsurers and regulatory authorities. The company created more than 60,000 bogus life insurance policies that it sold to reinsurance companies for a fee. In order to pay the premiums on the policies, Equity Funding created additional bogus policies that they would also sell. Sometimes they would claim the bogus policyholder died and then receive the death benefits from the reinsurance company. An important sidelight was the filing of insider trading charges against whistleblower Dirks. The ensuing case of Raymond L. Dirks v. Securities and Exchange Commission went all the way to the U.S. Supreme Court where Dirks was finally acquitted. The case has been termed historic in helping to define insider trading, as well as the treatment of whistleblowers, analysts and the press. ������������������������������������������������������������������� Est. $120-240