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Baxter Electric Light Co., 1884 I/U Stock Certificate.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:80.00 USD Estimated At:200.00 - 400.00 USD
Baxter Electric Light Co., 1884 I/U Stock Certificate.
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The auction will take place on August 15th at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 11:00 AM
New York, NY. 20 Shares, I/U, Green on light beige underprint, early electric light bulb in center, S/N 161, VF condition with 4 small pin holes UL and 2 small internal 3mm tears, all difficult to view. Scarce and attractive stock certificate. the first electric light was invented by Humphry Davy ca.1802 to 1805, but it was not until the 1870s, when Swan and Edison, independently from each other, developed the first long lasting light bulbs and that electric light bulbs would become commercially feasible to manufacture in large quantities. It was estimated in 1885 only 300,000 electric lamps had been sold. Baxter Electric Light Company can be considered an early light bulb manufacturer pioneer. Rare stock certificate.