763

General Electric Co. Specimen Bond, 1912 Very Early Issue.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:230.00 USD Estimated At:300.00 - 450.00 USD
General Electric Co. Specimen Bond, 1912 Very Early Issue.
SOLD
750.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Mar 19 @ 20:21UTC-4 : AST/EDT
PLEASE CONTACT US TO REGISTER FOR LIVE BIDDING OR ABSENTEE BIDDING AT:

PH: 1-201-944-4800
FAX: 1-201-871-4345
Web: www.archivesinternational.com
Email: info@archivesinternational.com

Snail Mail: Archives International Auctions
1060 Main Street, Suite 202, River Edge, NJ 07661

The auction will take place on March 19th at AIA's office located at 1060 Main Street, Suite 202, River Edge, NJ 07661 beginning at 10:30 AM
New York, 1912, $500, Specimen 5% Coupon Gold Debenture Bond. Blue border and undertint. Allegorical woman flying over city holding an electric light with spread winged eagle above title, underprint of an electric light bulb in middle and an allegorical cherub standing on a winged wheel holding an electric light at bottom. Red specimen overprints, POC's and "00000" serial numbers. Coupons attached. XF condition. ABNC. Extremely attractive and rare earthly "GE" bond. In 1890, Thomas Edison established the Edison General Electric Company by bringing his various businesses together. A competitor emerged during this time period, the Thomson-Houston Company which became a dominant electrical innovation company through a series of mergers led by Charles A. Coffin, a former shoe manufacturer from Lynn, Massachusetts. As both businesses expanded, it had become increasingly difficult for either company to produce complete electrical installations relying solely on their own patents and technologies. In 1892, the two companies combined and called their new organization the General Electric Company.