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Milford and Matamoras Railroad - Bond

Inv# IM1006   Bond
Milford and Matamoras Railroad - Bond
State(s): Pennsylvania
Years: 1871
$1,000 7% Bond. Printer-Henry Seibert & Bros, NY. A complete set of 188 coupons, more than we’ve ever seen on such an early bond! Absolutely gorgeous graphics and color. Strong Orange $1 Washington revenue and same color for 5¢ Lincoln revenue. One of the nicest large size bonds ever!!! Very Rare!!! (has sold at auction for as much as $1,600!) Great for framing!

A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.

Item ordered may not be exact piece shown. All original and authentic.
Price: $839.00