Lotto 51 - Asta 50 - The Milestone Auction

Du Pont Securities Co., 1915 Specimen Bond
Stima:
400,00/600,00 $
Base d'asta:
250,00 USD (233,34 €)

Offerte

Stato lotto:
Asta chiusa

Descrizione

Delaware. $1000 Specimen 5% Collateral Trust Serial Gold Coupon Bond, Black print on large ornate green border and under tint, Image of American Bald Eagle at top, Specimen overprints, POC's, VF-XF condition. FLABNC. In 1914, Pierre S. du Pont invested in the fledgling automobile industry, buying stock of General Motors (GM). The following year he was invited to sit on GM's board of directors and would eventually be appointed the company's chairman. In 1921, the "DuPont American Industries, Inc. was formed to financially help GM out of difficult financial conditions by issuing bonds collateralized by the 7 Million shares of GM stock DuPont owned. In 1920, Pierre S. du Pont was elected president of General Motors. Under du Pont's guidance, GM became the number one automobile company in the world. Du Pont Securities Company was intimately involved in the 1920 buyout of GM by the Du Ponts from W.C. Durant, Chevrolet Motor Company and du Pont American Industries in a complicated transaction that involved loaning shares, issuing bonds and other financing methods. Historic company as well as bond. Only 2 found in the archives.
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Categorie

Asta: Asta 50 - The Milestone Auction

Banconote, Titoli, Monete - tutte le aste

Orari

SESSIONE 1 (Lotti 1-478)
Offerte pre-asta - Fine
03 12 2018 05:00 CET
02 12 2018 23:00 America/New_York
Asta di sala - Inizio
03 12 2018 20:00 CET
03 12 2018 14:00 America/New_York

SESSIONE 2 (Lotti 501-1182)
Offerte pre-asta - Fine
04 12 2018 05:00 CET
03 12 2018 23:00 America/New_York
Asta di sala - Inizio
04 12 2018 16:30 CET
04 12 2018 10:30 America/New_York