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Saliger Ship Salvage Corporation Stock Certificate [128575]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:40.00 USD Estimated At:80.00 - 200.00 USD
Saliger Ship Salvage Corporation Stock Certificate  [128575]
SOLD
30.00USD+ (7.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Feb 14 @ 17:19UTC-8 : PST/AKDT
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Issued in 1921 for 71 shares. Vignette of an eagle with lightning bolts. Signed by Saliger as president. In 1920, the company purchased the wreck of the former Coast & Geodetia Survey Ship, Isis, sunk off St. Augustine, Florida. The company will attempt to raise and repair the ship using methods developed by Saliger. Salinger assigned his patents for a burrowing machine and for a resilient pontoon in 1922. The company also invested in salvage ships, vessels and cargoes (The Nautical Gazette, 1920). The certificate has two fold lines. VF. NIce clear signature from A.B. Saliger. Uncanceled.

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State: New York
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Provenance: Ken Prag Collection