SOLD
62.50USDto l*******c+ buyer's premium (14.38)
This item SOLD at 2015 Sep 25 @ 09:30UTC-7 : PDT/MST
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Pair of rare, very early sock certificates from Cumberland Telephone & Telegraph Company, dated 1884 and 1903. The 1884 document is signed by E.S. Babcock, President and E. Baker, Secretary, for 5 shares at $100.00 each. There are great vignettes of telephone poles, with a wall-mount telephone. The border is ornate, with intricate corner medallions. The 1903 certificate has a large central vignette, and a more modern border surround. The Cumberland Telephone & Telegraph Co. was formed June 8, 1883, and operated under exclusive license from AT&T. Purchased by Southern Bell in 1912, it continued to operate as Cumberland until 1926 when it became Southern Bell. Both documents are in near excellent condition, with some very minor staining on the left sides of each. Rare. (Prag Collection)
City: Nashville
State: Kentucky
Date: 1884-1903
HWAC#: : 28934
Auction Location:
3555 Airway Drive Suite 309, Reno, Nevada, 89511, United States
Previewing Details:
Preview is Thursday September 24 at our offices in Reno or by prior appointment.
Nevada State Sales Tax
Taxes:
| Tax | Rate | Desc. |
| NSST |
7.75% |
Nevada Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
23% |
Additional Fees:
| Fee | Amount | Applicable Locations | Applied To |
| Handling fee |
5.00
|
Not Applicable
|
This fee applies to the total of the invoice
|
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1. This is a Live Auction conducted by Holabird’s Western
Americana Collections LLC (HWAC).
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case of an immediate dispute at the actual time of the sale.
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WARNING: Auction participation through the live internet bidding
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under development, and the operation of it and the corresponding
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have attempted to use the live internet bidding process as their
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Bidders should always have a backup plan for lots they highly desire.
Live participation is best, followed by phone participation. We will
not reopen lots for missed bids.
7. Reserves: Most of the lots in this auction are unreserved. Gold is
generally reserved at or near spot, though it could be slightly below
spot.
8. Bidding Increments: All bids must be submitted in U.S. dollars
and in whole dollar amounts only in the appropriate increments
as outlined below. If you choose to submit bids in an increment not
listed below, your bid will be rounded to the nearest increment
and you will be expected to pay the amount to which the bid
was rounded should your bid be the winning bid. If you have any
questions about an appropriate bid amount, please call us.
From: To: Increment:
$1 $95 $5
$100 $190 $10
$200 $475 $25
$500 $1,450 $50
$1,500 $3,400 $100
$3,500 $9,750 $250
$10,000 $max $500
9. Bid Reduction: All winning absentee bids will be reduced, if
necessary, to the next bidding increment up from the last competing
bid, as long as the minimum bid requirement has been met. For
example, if you submit an absentee bid of $1000 and the next highest
competing bid is $250, then you will win the lot for $275.
10. Bid Information: Collectors often ask in advance the price level
of a particular lot. We will give out the current high absentee bid until
we close the day before the live auction. You may also view absentee
bids online at www.holabirdamericana.com. While we try to update
the absentee bids as often as necessary, bids received close to the
bidding deadline might not be reflected online, and we disclaim any
responsibility for any bids made in reliance upon inaccuracies on our
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not advisable. Errors are easy to make and we are happy to assist all
callers.
12. All stock certificates, checks, warrants, and other financial
documents sold herein are sold as antiquities, and have no financial,
securities, or public trading value whatsoever.
13. We reserve the right to reject any bid we feel is not made in
good faith.
14. The placing of a bid shall constitute the bidder’s acceptance
of these terms of sale