Archives International Auctions Auction 86 July 18, 2023

Archives International Auctions - Sale 86 100 July 18, 2023 Archives International Auctions www.archivesinternational.com 467 467 Morgan Stanley Group Inc. 1994 Specimen Japan Index Call Warrant Certificate New York, 1994. Odd Shares Specimen Japan Index Call Warrant Certificate, Black text with blue border at left and undertint. Specimen POCs, Uncirculated condition, SC-USBN. ������������������������������������������������������������������������ Est. $110-220 468 468 National City Bank of Brooklyn, ca. 1910-20s Specimen Stock Certificate New York, ca. 1910-20s. Odd Shares Specimen Capital Stock Certificate, Black text with black border, Eagle with shield and banner at top center. Red specimen overprints, Return to Issue Room handstamp at top right corner, 00000 serial number, and POCs. Fine to VF condition with a small tear on the top right excess margin, ABNC. ����������������������������������������������������������������������������������������������������������������������������������� Est. $75-150 469 469 Shearson Lehman Brothers, Inc., 1987, Unique Mockup-Progress Proof Bond New York, (Inc. in Delware), 1987. Unique Mockup-progress Proof Common Stock Certificate, Black on gray border printed on cardstock with plastic overlay modifications, VF-XF condition. In 1984, American Express acquired the investment banking and trading firm, Lehman Brothers Kuhn Loeb, and added it to the Shearson family, creating Shearson Lehman/American Express. Lehman Brothers Kuhn Loeb, which itself was the merger of Lehman Brothers and Kuhn Loeb in 1977 was led by Pete Peterson, a former United States Secretary of Commerce and future founder of the Blackstone Group. However, by the early 1980s, hostilities between the firm’s investment bankers and traders, who were driving most of the firm’s profits, prompted Peterson to promote Lewis Glucksman, the firm’s President, COO and former trader, to be his co-CEO in May 1983. Glucksman introduced a number of changes that had the effect of increasing tensions. Coupled with Glucksman’s management style and a downturn in the markets, these tensions resulted in a power struggle that ousted Peterson and left Glucksman as the sole CEO. Upset bankers who had soured over the power struggle left the company. The company suffered under the disintegration, and Glucksman was pressured into selling the firm. After the merger, Peter A. Cohen was named Chairman and CEO of Shearson Lehman. ������������������������������������������������� Est. $150-300 Pennsylvania 470 470 Bank of North America, ca. 1900-10 Specimen Stock Certificate Pennsylvania, ca. 1900-10. <100 Shares Specimen Capital Stock Certificate, Black text with green border and underprint, Large building at top center, George Washington at top left and Benjamin Franklin at top right. Return to Issue Room handstamp at center right, Red specimen overprints, 00000 serial number, and POCs. VF condition, ABNC. The Bank of North America was a private national bank which served as the United States’ first de facto central bank. Chartered by the Continental Congress on May 26, 1781, and opened in Philadelphia on January 7, 1782, it was based upon a plan presented by US Superintendent of Finance Robert Morris on May 17, 1781, based on recommendations by Revolutionary era figure Alexander Hamilton. The Bank of North America along with the First Bank of the United States and the Bank of New York were the first shares traded on the New York Stock Exchange. �������������������������������������� Est. $130-260