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United States Steel Corp. 1903 Specimen Bond

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:65.00 USD Estimated At:130.00 - 200.00 USD
United States Steel Corp. 1903 Specimen Bond
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The auction will take place on March 10, 2021 at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 11:00 AM
New Jersey, 1903. $1000 Specimen 5% Sinking Fund Gold Coupon Bond, Black text with brown border and undertint, Scene of trains passing by industrial factory at top. Red specimen overprints, POC's, VF condition. Printed by ABNC. J. P. Morgan formed U.S. Steel on March 2, 1901 (incorporated on February 25) by financing the merger of Andrew Carnegie's Carnegie Steel Company with Elbert H. Gary's Federal Steel Company and William Henry "Judge" Moore's National Steel Company for $492 million ($15.12 billion today). At one time, U.S. Steel was the largest steel producer and largest corporation in the world. It was capitalized at $1.4 billion ($43 billion today), making it the world's first billion-dollar corporation.