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United States Shipbuilding Co., 1902, I/U Stock Certificate with the Battleship "Oregon" Pictured at

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:90.00 USD Estimated At:150.00 - 300.00 USD
United States Shipbuilding Co., 1902, I/U Stock Certificate with the Battleship  Oregon  Pictured at
SOLD
90.00USDto floor+ buyer's premium
This item SOLD at 2023 Sep 12 @ 16:53UTC-4 : AST/EDT
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New Jersey....., 1902. 100 Shares I/U Common Stock Certificate, Black on orange border and underprint, The battleship "Oregon is pictured at the bottom. XF condition, FLBNC. USS Oregon (BB-3) was the third and final member of the Indiana class of pre-dreadnought battleships built for the United States Navy in the 1890s. The three ships were built as part of a modernization program aimed at strengthening the American fleet to prepare for a possible conflict with a European navy. Designed for short-range operations in defense of the United States, the three Indiana-class ships had a low freeboard and carried a main battery of four 13-inch (330 mm) guns in a pair of gun turrets. Oregon and her sister ships were the first modern battleships built for the United States, though they suffered from significant stability and seakeeping problems owing to their small size and insufficient freeboard. She thereafter took part in the blockade of Santiago de Cuba, which culminated in the Battle of Santiago de Cuba on 3 July, where Oregon contributed to the destruction of the Spanish squadron in Cuba. After the war, Oregon was deployed to the Asiatic Squadron, serving during the Philippine–American War and the Boxer Rebellion in Qing China.