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Iron Steamboat Company of New Jersey Gold Bonds, 1902 (2) [128619]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Iron Steamboat Company of New Jersey Gold Bonds, 1902 (2)  [128619]
SOLD
100.00USDto d*******f+ buyer's premium (25.00)
This item SOLD at 2021 Feb 13 @ 10:16UTC-8 : PST/AKDT
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Two gold bonds issued in 1902 from the Iron Steamboat Company of New Jersey. Both are for $500, 4 %, Second Lien. Large oval vignette of one of the company's steamboats with a sidewheel which has the company name on it. Both bonds have 7 revenue stamps affixed down the right edge. The Iron Steamboat Company (1881-1932) provided ferry service between Manhattan and Coney Island in the late 19th and early 20th centuries. The original fleet consisted of seven iron-hulled steamboats, each named after a constellation--the Cygnus, the Cepheus, the Cetus, the Pegasus, the Perseus, the Sirius and the Taurus (wiki). Both certificates have no remaining coupons and the bonds matured in 1932. Folded down the middle horizontally. VF.

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State: New Jersey
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Provenance: Ken Prag Collection