4599

Denver and Rio Grande Western Railroad Co. (91010)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:75.00 USD Estimated At:150.00 - 300.00 USD
Denver and Rio Grande Western Railroad Co.  (91010)
SOLD
60.00USD+ (15.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Mar 10 @ 16:30UTC-7 : PDT/MST
SHIPPING & HANDLING: Shipping and Handling cannot be estimated prior to invoicing, based on the size and weight of your purchase. All shipping is subject to a minimum charge of $19.00. If additional shipping and handling costs are required, the buyer will be reinvoiced for the balance due. Items are not shipped until the invoice is completely paid. Many buyers purchase a number of lots. Every effort will be made to include all lots in a single shipping charge calculated to cover the weight and size of the package(s). NOTE: Some shipments (of unusual size, dimension, or weight) may require sp...
3 Trustee Certificate bonds for Denver and Rio Grande Western Railroad Co. due Aug 1, 1955. Vignette of train from both ends on track in middle top of certificate. Inc. DE 1) $100 5% General Mortgage Sinking Fund Gold Bond with 54 coupons cert #C3203. Grey border and company seal. 2) $500 General Mortgage Sinking Fund Gold Bond with 26 coupons cert # D2264. Brown border, with company seal. with RN stamp. 3) $1,000 General Mortgage Sinking Fund Gold Bond with 28 coupons cert #M2810. Orange border and company seal. Denver & Rio Grande Western enjoyed a colorful and captivating history. General William J. Palmer, a decorated U.S. Army officer of the Civil War, who envisioned something which had never before been attempted; a corridor piercing the heart of the Rocky Mountains linking Denver with Mexican border reaching the San Juan mining district, and head west to Salt Lake City. To reduce costs, Palmer pioneered the 3-foot, narrow-gauge concept. He failed to reach Mexico but is credited with opening the largest and most successful narrow-gauge network in the US. In time, 3-footers proved impractical for interchange and as Rio Grande officials would later realize, its gateway through the Rockies was its most valued asset. Once no longer under control of Gould railroad was successful, particularly following the World War II era. In 1988, parent company Rio Grande Industries purchased Southern Pacific and retained the more prominent railroad's name. Printed: American Bank Note Co. Prag collection.

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State: Delaware