1577

Lionel Corp., ND ca.1950-60's Specimen Stock Certificate.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:110.00 USD Estimated At:150.00 - 250.00 USD
Lionel Corp., ND ca.1950-60's Specimen Stock Certificate.
SOLD
120.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Dec 10 @ 17:45UTC-4 : AST/EDT
PLEASE CONTACT US TO REGISTER FOR LIVE BIDDING OR ABSENTEE BIDDING AT:

PH: 1-201-944-4800
FAX: 1-201-839-3336
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 December 9 & 10th, 2020. It will be a live Internet - Phone Bidding - Absentee Bidding auction
New York, ND (1950-1960s). Specimen <100 Shares, 3 3/4% Non-Cumulative Convertible Preferred Stock Certificate, Black text with orange border and underprint, Boy at top plays with a pair of trains. Red specimen overprints, POCs, XF condition, SCBN. Lionel Corporation was an American toy manufacturer and holding company of retailers that has been in business for over 120 years. It was founded as an electrical novelties company, Lionel specialized in various products throughout its existence. Toy trains and model railroads were its main claim to fame. Lionel trains have been produced since 1900, and their trains drew admiration from model railroaders around the world for the solidity of their construction and the authenticity of their detail. During its peak years in the 1950s, the company sold $25 million worth of trains per year. In 2006, Lionel's electric train became the first electric toy inducted into the National Toy Hall of Fame. In 1969, the sold their model train lines to General Mills, but continued to operate until 1993 as a holding company for their toy stores. Its model trains are still in production as a separate company.