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NY. Dock Bond of the City of New York, 1870, I/C and Framed Bond

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
NY. Dock Bond of the City of New York, 1870, I/C and Framed Bond
SOLD
50.00USDto a****x (9006)+ buyer's premium
This item SOLD at 2026 Apr 07 @ 14:33UTC-04:00 : AST/EDT
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The auction will take place on April 6 & 7, 2026 at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 11:00 AM
New York City, 1870. $1000 I/C 7% Bond, Black print with red border and underprint, Allegorical women flank view of Brooklyn Bridge over Hudson River at center, Bond is made out to George K. Sistare (who was a banker that killed himself after the crash of 1890) and signed by Mayor A. Oakey Hall. Bond is in Fine to VF condition and is mounted in a glass frame that shows off the front and back of the bond. Issued during a pivotal period of post-Civil War expansion, Dock Bonds such as this financed major improvements to New York’s waterfront, supporting the construction and modernization of piers and harbor facilities that helped establish New York Harbor as the nation’s dominant commercial port. As such, the bond represents both the rapid infrastructure growth of Gilded Age New York and the broader story of 19th century municipal finance.