1889 Wabash Railroad Company $10,000 Specimen Bond

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Vintage Stock Certificate

Product Code: SC1957

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This gorgeous bond was printed for the Wabash Railroad Company in 1899. The bond was for $10,000 due in 1939 and paid 6%. The Wabash Railroad was named after the Wabash River which runs from northwest Ohio across Indiana into Illinois where it forms the border of Illinois and Indiana. The Wabash Railroad's history dates back to 1865 as the Warsaw and Peoria Railroad and through several mergers became the Wabash RR around 1877. The Wabash spanned throughout the Midwest as far west as Ohio and east o New York. It is now part of the Norfolk Southern Railway.

Specimen stock certificates are certificates that were archived by printers and the company as perfect examples of the company’s stock issue. Specimen’s can be identified by their “specimen” stamp, stamped holes spelling “specimen”, or they are often issued with a serial number of a series of zeros. Often, they are also issued with no serial number at all. Specimens can also represent a design that was never issued. All of these attributes make the specimen stock certificate rarer than the issued version of the share. Many enthusiasts collect specimens as a whole new category of Scripophily.