501

Commercial Cable Co. 1897 Specimen 500 Year Bond Rarity

Currency:USD Category:Coins & Paper Money Start Price:140.00 USD Estimated At:200.00 - 400.00 USD
Commercial Cable Co. 1897 Specimen 500 Year Bond Rarity
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New York, 1897 (due 2397). $5000 Specimen 4% First Mortgage Gold Bond, Black text with green border and underprint, Depiction of globe at top with continents connected by telegraph wire routes. Red specimen overprints, "00000" serial numbers, POC's, and overprint paragraph regarding coupon bonds vs registered bonds. VF condition, with principal date stating it is due 2397. Printed by FBN. The Commercial Cable Company provided the first direct telegraph route from America to the Philippines, China, and Japan.