Wednesday, May 8, 2019

River Edge, New Jersey, sees over 1000 numismatic lots going over the block

Archives International Auctions offers more than 1,000 lots of banknotes, coins, scripophily and security printing ephemera at its sale this Tuesday, 14th May 2019. This public and online event takes place at AIA's new offices in River Edge, New Jersey.

Interesting, the auction includes over 600 lots of stunning, antique stocks and bonds. One of the many highlights is this ultra rare production specimen IPO stock certificate from the McDonald's Corporation

Richard and Maurice McDonald founded McDonald's in 1940 as a restaurant in San Bernardino, California. It was Ray Kroc, who joined McDonald's in 1954, that set the stage for national and global expansion. 

In 1961, Kroc had McDonald's file for a trademark on a new logo, an overlapping, double-arched "M" symbol. The logo was used from 1960 until 1968, and appears on this stock certificate. 

Under Kroc McDonald's initiated its first public stock offering at $22.50 per share on April 21, 1965. If you'd have purchased 100 common McDonald's shares during that initial public offering, your investment would now be worth over $12 million (source
Coming from the original archives of the American Bank Note Company, this certificate represents a milestone in MacDonald's history and forms a crucial asset for collector's of historic marketing artefacts. Bids for Lot 683 are invited from $525. 

Besides American scripophily, the sale includes antiques securities from China, Mexico, Israel, Russia, and much more states. The US railroad section is unusual weighty.

This antique share from the Wildwood and Delaware Bay Short Line Railroad Company was issued in 1915.  Its designers gave it a superb vignette showing "the 1995 passing a signal bridge". The railroad was opened for traffic Dec. 12, 1912 . Indeed, this was a "short" line. Its 4.20 miles long line ran from Wildwood to Wildwood Junction, New Jersey. There, it connected with the Atlantic City Rail Road. Lot 931 in the sale. 

Much more wonderful antique securities can be seen in the auctioneer's catalog. Practical info :
  • Date : May 14, 2019
  • Location : River Edge, New Jersey
  • More info : see here, live and absentee bidding there
  • PDF auction catalog : here 


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