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Remington Arms Co, Inc., 1922, Specimen 6% Gold Coupon Bond

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:280.00 USD Estimated At:450.00 - 600.00 USD
Remington Arms Co, Inc., 1922, Specimen 6% Gold Coupon Bond
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The auction will take place on October 9, 2924 at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 11:00 AM
Delaware, 1922. $1000 Specimen 6% First Mortgage Sinking Fund Gold Coupon Bond, Black printing with green border and underprint, Woman reclining on lion at top center, Specimen overprints and POCs, VF to XF condition. ABNC When the US entered World War I, Remington became deeply involved in the war effort. Remington was left with huge stocks of guns and ammunition and no prospects for payment, so the US government purchased the firearms. During the Great Depression, Remington was purchased by DuPont, which had made its name with improvements to gunpowder. A year later, Remington purchased the Peters Cartridge Company; today, many of the Remington headstamps still have "R-P" on them for Remington-Peters.