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NY. Aetna Explosives Co., Inc., 1919, Specimen Bond.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:86.00 USD Estimated At:130.00 - 260.00 USD
NY. Aetna Explosives Co., Inc., 1919, Specimen Bond.
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[?]Live Online Auction Starts In 2025 Oct 29 @ 11:00 (UTC-04:00 : AST/EDT)
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The auction will take place on October 29, 2025 at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 11:00 AM
New York, 1919. $75 Specimen 6% Series B Gold Coupon Bond, Black print with purple border and underprint, Bald Eagle at top center, Specimen overprints and POCs, VF to XF condition, FLABNC. On January 1, 1919 Bankers Trust Company of New York became trustee of the company and the finances of the company were reorganized. Aetna Explosives tried to hang on, publishing a 156 page book/catalog describing its products and how to use them in 1920. The cover of that book listed thirteen branch offices, nine large plants, and one-hundred and ten distributing stations, but it was all for naught, for in 1921 Aetna Explosives was sold to the Hercules Powder Company, one of the companies formed after the breakup of the Powder Trust. Rare Transition bond issued for the takeover by Bankers Trust Company in 1919.