590

Dakota Central Railway Co., Southeastern Division, 1882 Specimen Bond Rarity.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:200.00 USD Estimated At:300.00 - 450.00 USD
Dakota Central Railway Co., Southeastern Division, 1882 Specimen Bond Rarity.
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The auction will take place on October 24, 2023 at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 11:00 AM
Dakota Territory. Specimen $5000 1st Mortgage 6% Registered Bond, Horizontal, Black on brown border and underprint, train sitting at station in middle under title flanked by allegorical children, VF with minor splitting at folds, ABNC. Extremely attractive bond. Listed in Cox as a specimen only issue. This example last sold in Smythe's 2000 Strasburg auction and I do not think any have been offered since. Territorial railroads are extremely rare. If this were a territorial national banknote, you could add 2 or 3 zero's after the price.