1898 Baltimore & Ohio Railroad $10,000 Gold Bond Certificate

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Vintage Stock Certificate

Product Code: SPEC6

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This rare Baltimore and Ohio Railroad Company Specimen Bond was printed in 1898. It was for $10,000 (a huge some at the time) payable in gold coins. It was a fifty year first mortgage bond paying 4%. The B&O railroad is one of the oldest railroads in the United States was also made famous in the classic Monopoly board game. Founded in 1827 it operated until it merged with Chessie System in 1987 and is now controlled by CSX Transportation

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.