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Peerless Truck and Motor Corp. 1915 Specimen Bond

Item Description

Virginia, 1915. $100 Specimen 6% Secured Convertible Gold Coupon Bond, Black text with brown border ... Show more..

Virginia, 1915. $100 Specimen 6% Secured Convertible Gold Coupon Bond, Black text with brown border and undertint, Pair of allegorical figures with beehive at top center. Red specimen overprints, 00000 serial numbers, and POCs. Fine condition, ABNC. The company was incorporated on November 1st, 1915 and this bond was issued November 10th, 1915. The company was formed as a holding company to acquire control of Peerless Motor Car Company of Cleveland Ohio and the General Vehicle Company of Long Island City, NY. The Peerless Motor Car Company was an American automobile manufacturer that produced the Peerless brand of motorcars in Cleveland, Ohio, from 1900 to 1931. One of the "Three Ps" Ð Packard, Peerless, and Pierce-Arrow Ð the company was known for building high-quality luxury automobiles. Peerless popularized a number of vehicle innovations that later became standard equipment, including drum brakes and the first enclosed-body production cars. Historic bond issued for the acquisition of this historic automobile company.
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The auction will take place on April 7th and 8th, 2020. It will be a live Internet - Phone Bidding - Absentee Bidding auction
SOLD 110.00USDto v*****d
This item SOLD
at 2021 Jan 27 @ 12:12UTC-4 : AST/EDT
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