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Ocean Steam Navigation Company Stocks, Philadelphia, 1861 (2) [128586]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:120.00 USD Estimated At:240.00 - 350.00 USD
Ocean Steam Navigation Company Stocks, Philadelphia, 1861 (2)  [128586]
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Both issued in 1861 for one share. Both have some condition issues with foxing and chipping at top edges. The Ocean Steam Navigation Company (OSNC or Bremen Line) was a shipping company founded in 1847 in New York City by Edward Mills. It was the first company to be awarded a contract by the US government for the oceanic transportation of mail. In addition to the US contract, the company was partially subsidized by the Prussian government with the intention of increasing trade with the US out of the port of Bremen, hence the name Bremen Line. The certificates have a vignette of an ocean steamer at the top. Both are uncanceled.

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State: Pennsylvania
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Provenance: Ken Prag Collection