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NY. American Submarine Tunnel Company, 1874 I/U Stock Certificate.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:800.00 USD Estimated At:1,250.00 - 2,500.00 USD
NY. American Submarine Tunnel Company, 1874 I/U Stock Certificate.
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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, NY, 1874, American Submarine Tunnel Company, 5 Shares Stock Certificate (I/U). A Spectacular certificate with reportedly, only 3 known, Printed in black with an ornate border; left panel states “Capital $10,000,000”; large central vignette depicts a proposed underwater tunnel entrance with pedestrians entering beneath a busy harbor of ships, steamboats, and factories; part of the late-19th-century wave of speculative ventures promoting ambitious under-river tunnel schemes during New York’s rapid expansion, though this project never materialized and surviving certificates are prized for their connection to period engineering vision and finance; issued to J. H. Washburn and hand-signed by the secretary and president, dated April 10, 1874; the condition ranges from Choice Fine to VF condition or better.