Lot 47: Troy, Salem and Rutland Rail Road Company

HWPH Historisches Wertpapierhaus AG

November 10, 2012
Wuerzburg, Germany

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Description: 1 July 1865, 7 % First Mortgage Bond for US-$ 1,000, # 29, 22.7 x 39 cm, vertical fold, purple, white, hole cancellation, original signature of Jay Gould (affected by cancellation) as president, at the back there is an uncancelled signature of Jay Gould.
01.07.1865, 7 % First Mortgage Bond über US-$ 1.000, #29, 22,7 x 39 cm, Knickfalten längs, violett, weiß, lochentwertet, Original-Signatur von Jay Gould (von der Entwertung betroffen) als President, rückseitig befindet sich eine weitere, unversehrte Original-Signatur von Jay Gould.
Original signature of Jay Gould (affected by the cancellation) as president. An additional and intact signature of Jay Gould can be found on the reverse. The „Mephisto of Wall Street“ and son of a poor farmer quickly earned the reputation of a cunning businessman in New York. Together with James Fisk and Daniel Drew, he often battled for the domination in several firms, particularly railway lines. The battle for the Erie Railroad will definitely go in the history books. Gould mostly needed larger contributions for his financial operations. Since he was often short of cash, he arranged for the financing through Russell Sage most of the time.
Der „Mephisto von Wall Street“ und Sohn eines armen Farmers erlangte in New York schnell den Ruf eines gerissenen Geschäftsmannes. Zusammen mit James Fisk und Daniel Drew lieferte er sich zahlreiche Schlachten um die Vorherrschaft bei verschiedenen Firmen, vor allem Eisenbahnlinien. In die Geschichte ging vor allem der Kampf um die Erie Railroad ein. Für seine Finanzoperationen benötigte Gould meist größere Beträge. Da er ständig knapp bei Kasse war, arrangierte er meist die Finanzierung über Russell Sage.
Condition Report: EF-
Notes: Country: USA, Region: Amerika
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Shipping: Auction House will ship, at Buyer's expense
Buyer's Premium
From: To: Increment:
€0 €9 €1
€10 €29 €2
€30 €99 €5
€100 €299 €10
€300 €999 €25
€1,000 €1,999 €50
€2,000 €4,999 €100
€5,000 €24,999 €500
€25,000 €49,999 €1,000
€50,000+ €2,000
Shipping Terms: Auction House will ship, at Buyer's expense
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Buyers Premium: The general buyer's premium amounts to 15 % of the hammer price up to Euro 5,000, 10% on the next Euro 5,000 and 5% on any excess over Euro 10,000 (per lot!). Then we have to add VAT (value added tax) at 19 % of the buyer's premium. This way the maximum charge amounts to 17.85 %.

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Tax: VAT (value added tax) at 19 % of the general buyer's premium and an additional 3% buyer's premium charged for lots won via Artfact/Invaluable. The maximum charge amounts to 21.42 %.
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