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MO. Terre Haute Alton & St. Louis Rail Road Co., 1859, I/C Obsolete Payment Certificate Pair with Lo

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:35.00 USD Estimated At:75.00 - 150.00 USD
MO. Terre Haute Alton & St. Louis Rail Road Co., 1859, I/C Obsolete Payment Certificate Pair with Lo
SOLD
50.00USDto floor+ buyer's premium
This item SOLD at 2026 Jan 20 @ 12:54UTC-05:00 : EST/CDT
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The auction will take place on January 20, 2026 at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 11:00 AM
St. Louis, Missouri..., 1859. $10 I/C Payment Certificate Pair with Interest rate of 6%, Black print with locomotive at top center, S/Ns 51 and 85, XF to AU condition with a single POC. Hart, Mapothre & Co. Lith. Issued in 1859 by the Terre Haute, Alton & St. Louis Rail Road Co., these payment certificates were used to compensate contractors and suppliers with a promised 6% interest, reflecting the company’s reliance on credit during a major expansion phase of Midwestern rail construction. Railroads of this period frequently issued interest-bearing scrip to bridge funding gaps, making surviving examples an important record of pre–Civil War railroad finance and the economic development of the Mississippi Valley corridor. (2). Sold "AS IS" no returns accepted.