1388

American Merchants Union Express Co. Stock Certificate Signed by Fargo (126074)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:75.00 USD Estimated At:150.00 - 300.00 USD
American Merchants Union Express Co. Stock Certificate Signed by Fargo  (126074)
SOLD
100.00USD+ (25.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Dec 17 @ 14:32UTC-8 : PST/AKDT
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No. 971, issued for 100 shares to Eugene R. Washburne of New York on Dec. 31st, 1868. Signed by William Fargo as president, EP Ross as treasurer, and Knapp as secretary. Stamp and cut cancelled. Black border and print with large vignette of express wagon next to packages with ships in the background. Smaller vignettes of a dog, an eagle, and two hands shaking. Printed by John H. Duvckink, NY. 5 sent adhesive revenue at upper right. 25 cent stamp attached on the reverse. Pinholes, folds, small stains, two pieces missing in the upper right corner. 9.5 x 12.25" This company was the 1868 merger of American Express and the Merchants Union Express, which had formed in 1866 and was in direct competition with American Express. William Fargo was one of the three founders of American Express, and later formed Wells Fargo & Co. (with Henry Wells) to expand express business to the West.

Date: 1868
Country (if not USA):
State: New York
City: New York City
Provenance: Ken Prag Collection

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