1868 BOSTON, HARTFORD & ERIE RAILROAD COMPANY
$1000 BEARER BOND
THREE IMPRINTED TAX STAMPS SCOTT #RN-P5 (2) AND RN-W2
+ 60 ATTACHED UNUSED INTEREST COUPONS

THIS DOCUMENT IS COVERED BY OUR WRITTEN, SIGNED AND SEALED
LIFETIME GUARANTEE OF AUTHENTICITY

      
 


Back Docketing


Exquisite Railroad Bearer Bond with Gorgeous Vignettes, 60 attached coupons and Three Revenue Stamped Paper Imprints. Catalogue Value $200 for the imprinted stamps alone. A glorious addition to any Revenue Stamped Paper or Railroad Certificate Collection.

This would look Beautiful Framed


Full Sheet


Beautifully engraved Certificate from the Boston, Hartford & Erie Railroad Company and issued in 1867. This is a Railroad Bearer Bond, meaning whoever had the bond with its coupons could turn them in for the Interest at the appropriate due Date. In this case it is a 7% $1000 Bond with payments due bi-annually on Jan 1st and July 1st @ $35 per date. The first five coupons have been "clipped" and cashed. This is where the expression "sitting home and clipping coupons" came from. A rather more lucrative pastime than today's "coupon" clippings! This historic document was printed by the National Banknote Company of New York and has an ornate border around it with a vignette of an early large stacked train passing a station blowing large clouds of smoke. There is another vignette on the lower center with an image of Columbia with an eagle on her shoulder, with a small train curving behind her in the distance. Each coupon also contains an attractive small vignette of a train

This item is hand signed by its President (John S. Eldridge), Secretary (J. N. Otis) and Trustee (Dudley S. Gregory). This excellent certificate is 140 years old. There are also 3 orange Tax Revenue Stamps imprinted on its face and 60 unused individually numbered interest coupons attached to the bottom, each with a printed train vignette. John S. Eldridge was president of the Erie Railroad from October 1867 to July 1868 and was replaced by the Robber Baron Jay Gould in July 1868. This Bond was redeemed early in exchange for Ten Shares of the New York & New England Railroad Company.

REVENUE STAMPED PAPER

These revenue stamps were printed directly on to the paper of many financial documents (checks, drafts, stock certificates, insurance polices and bonds) in the primary period of July 1865 through October of 1872. This Bond has two 5¢ orange Lincoln Type P (Scott#RN-P5) stamps imprinted by typography on to the certificate paper prior to its engraved printing. It also has an orange $1 Washington Type W (Scott#RN-W2) stamp.


Scott # RN-P5
Total Tax $1.10 3 Stamps


Scott # RN-W2

  
Detail of Columbia with Train crossing Viaduct in Background and Sailing Ship in Harbor

  
Detail of Interest Coupon

Document Specifications: This is an entire Bond with Coupons attached (except for the first five redeemed) and measures 14" wide x 25" with coupons attached. The main certificate measures 14" x 9½" tall. Printed by the National Bank Note Co. New York. Often surrendered bonds have holes or other defacements put on them but this one is handsomely intact.

Offered by Berryhill & Sturgeon, Ltd.

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