1918 Pennsylvania Railroad Company Gold Bond Certificate

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1918 Pennsylvania Railroad Company Gold Bond

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Our Price: $65.00

Sale Price: $48.00

Vintage Stock Certificate

Product Code: SC1715

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Description

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This rare $1000 gold bond was issued by The Pennsylvania Railroad Company in 1918. 5% General Mortgage Bond due in 1968 payable in gold coin.

Founded in 1846, The Pennsylvania Railroad Company was once the largest railroad company in the nation by traffic and the largest company in the world. The Pennsylvania Railroad Company holds the record for continuous dividend payouts paying dividends for over 100 consecutive years. In 1968 the company merged with the New York Central and the combined company filed for bankruptcy two years later. The Pennsylvania Railroad Company is one of the four railroads from the Monopoly board game

Over-sized bond: 14.75" x 10"