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Studebaker Corp., 1935 Specimen Bond.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:70.00 USD Estimated At:120.00 - 200.00 USD
Studebaker Corp., 1935 Specimen Bond.
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The auction will take place on Friday, April 23, 2021 at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 11:00 AM
Delaware. $100, Specimen 6% Coupon Bond. Black on olive green border, Old Studebaker Shop on top, VF condition, ABNC. Rare as specimen and as a bond. Studebaker was an American wagon and automobile manufacturer based in South Bend, Indiana. Founded in 1852 and incorporated in 1868 as the Studebaker Brothers Manufacturing Company, the firm was originally a producer of wagons, buggies, carriages and harnesses. Studebaker entered the automotive business in 1902 with electric vehicles and in 1904 with gasoline vehicles, all sold under the name "Studebaker Automobile Company". Until 1911, its automotive division operated in partnership with the Garford Company of Elyria, Ohio, and after 1909 with the E-M-F Company. The first gasoline automobiles to be fully manufactured by Studebaker were marketed in August 1912. Over the next 50 years, the company established a reputation for good quality and reliability