Archives International Auctions Auction 88 October 24, 2023

Archives International Auctions - Sale 88 105 October 24, 2023 Archives International Auctions www.archivesinternational.com Germany 528 528 Daimler-Benz, 1983, Specimen ADR Stock Certificate. Germany, 1983. Specimen, Odd Shares, ADR Stock Certificate, Black on olive green border and underprint, Company title at top center, Specimen overprint and POCs, Chemical Bank is the U.S. Depositary Bank, XF-AU condition, S-CBNC ���������������������������������������� Est. $130-260 New York 529 529 LocomobileCo. of America, Inc. 1922 Specimen Bond New York, 1922. $100 Specimen 6% First Mortgage Sinking Fund Gold Coupon Bond, Black text with gray-blue border and undertint, Allegorical figure seated at top center. Red specimen overprints, 00000 serial numbers, and POCs. VF condition, ABNC. The Locomobile Company of America was a pioneering American automobile manufacturer founded in 1899, and known for its dedication to precision before the assembly-line era. It was one of the earliest car manufacturers in the advent of the automobile age. ���������������� Est. $120-220 SCRIPOPHILY - AVIATION Delaware 530 530 Pan American World Airways, Inc. 1949 Unique Proof Mockup & Order Correspondence Group DE. 1949, Lot includes 4 pieces: 100 Shares Proof Mockup Stock Certificate, Green with pasted stock elements onto a cardstock back, VF condition; Stock Certificate Order Form with Die No. and Roll No.; 1949 Copy of a typewritten order for 135,000 certificates; 1949 Typewritten correspondence regarding the design and order of stock certificates. Unique group. Pan American World Airways, originally founded as Pan American Airways and commonly known as Pan Am, was the principal and largest international air carrier and unofficial flag carrier of the United States from 1927 until its collapse on December 4, 1991. ��������������������� Est. $140-250 SCRIPOPHILY - BANKING, FINANCE & INSURANCE 531 531 Equity Funding Capital Corp. N.V. 1969 Specimen 5.25% $25 Million Bond, Major Financial Fraud. Netherlands, Antilles. Rare high denomination,. $25,000,000 Specimen 5 1/4% Guaranteed (Subordinated) Debenture Bond. Incorporated in the Netherlands Antilles, printed by Franklin Lee Division of American Banknote Company. 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 �������������� Est. $200-400