Archives International Auctions Auction 86 July 18, 2023
Archives International Auctions - Sale 86 101 July 18 2023 Archives International Auctions www.archivesinternational.com 471 471 Importers & Traders Insurance Company of Philadelphia, 1856, I/U Stock Certificate Pennsylvania, 1856. 1 Share Capital Stock I/U Certificate, Black on pink underprint with allegorical woman with sailing ship and factories at top, red handstamp on the lower right, “Entitled to 50% of the Net profits”. S/N 428, VF-XF condition. M.H. Traubels Lith, Phila. ��������������������������������������������������������������������� Est. $150-300 Scripophily - Communications & Telecom Delaware 472 472 De Forest Radio Co., 1913 Specimen Stock Certificate Delaware, ND (1940s). 100 Shares Specimen Capital Stock Certificate, Black text with green border and underprint, Trio of allegorical figures flank company logo at top center. Specimen Pin-punch cancel and POCs. AU to Uncirculated condition, HBN. The DeForest Radio Company was founded on March 6, 1907 by Lee de Forest in New York City, New York. Its industry was primarily radios and its headquarters were in New York City, New York (1907-1924), Jersey City, New Jersey (1924) and Passaic, New Jersey (1932). At some point they expanded into the Canadian market. Lee de Forest (August 26, 1873 – June 30, 1961) was an American inventor, self-described “Father of Radio”, and a pioneer in the development of sound-on-film recording used for motion pictures. He had over 180 patents, but also a tumultuous career—he boasted that he made, then lost, four fortunes. He was also involved in several major patent lawsuits, spent a substantial part of his income on legal bills, and was even tried (and acquitted) for mail fraud. His most famous invention, in 1906, was the three-element “Audion” (triode) vacuum tube, the first practical amplification device. Although De Forest had only a limited understanding of how it worked, it was the foundation of the field of electronics, making possible radio broadcasting, long distance telephone lines, and talking motion pictures, among countless other applications. ����������������������������������������������������������������������������������� Est. $150-300 New York 473 473 AmericanTelephone andTelegraph Co., 1906 Specimen Bond New York. $1,000 Specimen 4% Convertible Gold Coupon Bond, Black printing on orange border and underprint, Image of Alexander Graham Bell at top, Specimen overprints and POC’s, VF-XF condition with a small nick out of the right side margin top fold, ABNC. Rare and early AT&T bond. ����������������������������������������������������������������������� Est. $180-350 474 474 Metropolitan Telephone and Telegraph Co., 1880 Specimen Bond New York. $1,000 Specimen 5% Registered 1st Mortgage Sinking Fund Gold Bond, Black print on large green border and under tint, Bald Eagle with shield at top near ornate company title, POC’s along bottom, VF-XF condition, Franklin BNC. ����� Est. $200-400
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