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Chesapeake & Ohio Canal Co. 1850 I/U Bond

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:120.00 USD Estimated At:200.00 - 400.00 USD
Chesapeake & Ohio Canal Co. 1850 I/U Bond
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Maryland, 1850. $1000 I/U 6% Preferred Lien Coupon Bond, Black text with black border, Group of allegorical figures with Poseidon in water at top center, embossed seal at bottom left corner. Fine condition with some damage to margins with silked back to protect the certificate from further damage. Rawdon, Wright, Hatch & Edson. The Chesapeake & Ohio Canal Co., was formally organized in 1828, in succession to the old Potowmack Co. The C & O Canal operated from 1831 until 1924 along the Potomac River between Washington, D.C. and Cumberland, Maryland. Attractive and rare certificate. (From the Collection of John E. Herzog)