4506

Western Pacific Railroad Bond (115897)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:40.00 USD Estimated At:80.00 - 200.00 USD
Western Pacific Railroad Bond  (115897)
SOLD
45.00USD+ (11.25) buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Dec 20 @ 14:46UTC-8 : PST/AKDT
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Formed in 1862 to build a railroad from Sacramento to the San Francisco Bay, the westernmost portion of the First Transcontinental Railroad. In October, 1864, the Central Pacific Railroad assigned all the rights to the Western Pacific for the route between Sacramento and San Jose, including land grants. The Western Pacific Railroad was absorbed in 1870 into the Central Pacific Railroad. #101, I/C, $1000 7% 30 year gold bearer bond issued May 1, 1865 from the City and County of San Francisco, signed Pres. Board of Supervisors. Title shows Pacific Rail Road Co., in the body written Western Pacific Rail Road Co/Central Pacific Railroad Co. Red-Orange, embossed seal, vignette Globe w/ train in circle and San Francisco behind globe. Two revenue stamps lower left . 25 coupons attached. Britton & Co Litho.

Date: 1865
Country (if not USA):
State: California
City: San Francisco
Provenance: Ken Prag Collection

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