1503

Friede Globe Tower Co. Stock Certificate (Coney Island Amusement Park Scheme) (126032)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:60.00 USD Estimated At:120.00 - 200.00 USD
Friede Globe Tower Co. Stock Certificate (Coney Island Amusement Park Scheme)  (126032)
SOLD
140.00USD+ (35.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Dec 17 @ 16:30UTC-8 : PST/AKDT
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Inc. in Arizona. No. 1116, issued for 10 shares to George Goulburn in 1906. Signed by Samuel Friede as president and treasurer Wade. Not cancelled. Green border, black print, and underprint vignette of the proposed amusement park structure. Broun-Green Co., NY. Deep folds, creases, some toning. 9.75 x 11.75" This was a scheme by Friede to construct an amusement park on Coney Island that would rival the Eiffel Tower. It would be be 700 feet high, with the globe portion of the structure 900 feet in diameter. Eleven floors would house 500,000 square feet of space that would include a hotel, a glass-enclosed revolving restaurant, and a roof garden. Amusement attractions would include a four-ring circus, a music hall, the largest ballroom in the world, a skating rink, a bowling alley, a mini train, a theater for vaudeville performances, and even slot machines. The treasurer was charged with grand larceny, and revealed later that the corp. officers had split the money raised with the stocks.

Date: 1906
Country (if not USA):
State: New York
City: Coney Island
Provenance: Ken Prag Collection

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