United States Steel Corp $5,000 Gold Bond Issued to Andrew Carnegie - 1901 dated Steel Bond - Spectacular Piece of History

Andrew Carnegie (1835-1919) was a prominent manufacturer and philanthropist. He began his distinguished career as a bobbin boy at the age of 13 and later became a self-taught telegrapher for the Pennsylvania Railroad. Between 1853 and 1865, Carnegie played a pivotal role in introducing Pullman sleeping cars, organized the military telegraph department, and was actively involved in the transportation of troops during the Civil War. After leaving the railroad, Carnegie shifted his focus to the iron and steel industries. His strategy of "putting all his eggs in one basket and then watching the basket" proved remarkably effective. By 1889, the United States led the world in steel production, and in 1901, Carnegie sold his company, the Carnegie Company, to the U.S. Steel Corporation for $250 million.

The Carnegie Foundation of New York has contributed millions to scientific research, educational advancement, the promotion of international peace, and the recognition of heroic deeds. The foundation is particularly noted for establishing public libraries.

A historic bond dated 1901—the same year Carnegie sold his company—represents a beautiful $5,000, 5% United States Steel Gold Bond issued to Andrew Carnegie, though it remains unsigned. The rarity of Carnegie stocks and bonds is well recognized; previously, two signed examples of this bond were sold to collectors for $125,000 each. This bond is neatly stamped and hole-cancelled, featuring exceptional graphics and a striking dark blue color, and is in excellent condition. A portrait of Carnegie accompanies it. If one were to choose the top ten U.S. stocks or bonds of all time, this would undoubtedly be among the top choices.