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Atlas Powder Co., 1921 Specimen Gold Coupon Bond.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:250.00 USD Estimated At:350.00 - 500.00 USD
Atlas Powder Co., 1921 Specimen Gold Coupon Bond.
SOLD
290.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2018 May 23 @ 19:04UTC-4 : AST/EDT
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The auction will take place on Wednesday, May 23rd, 2018 at AIA's office located at 1580 Lemoine Ave., Suite #7, Fort Lee, NJ 07024 beginning at 10:30 AM for both sessions.
Delaware, 1921, $500, Specimen 15 year 7-1/2% Convertible Gold Coupon bond. Grey border. Atlas holding up globe. XF condition. Red specimen overprints, POC's and "00000" serial numbers. Coupons attached. Rare and attractive bond. Laflin & Rand Powder Company collaborated with rival DuPont in 1882 and formed Hercules Powder. In 1902 DuPont purchased Laflin & Rand, operating it as a subsidiary. In 1912, a successful Federal antitrust suit against DuPont for its prior "Powder Trust" activities forced the company to dissolve Laflin & Rand and divest a portion of its explosives business into two newly created companies, the Hercules and Atlas Powder Companies. Rare explosives and gunpowder certificate.