Bond #4146. Long Island Railroad (New York) 1917. $1000.

$250.00

1 in stock

SKU: 4146 Categories: , Tags: , ,

Description

#4146. Long Island Railroad (New York) 1917. $1000. Twenty Year Five Per Cent Debenture Gold Bond. SPECIMEN. No.00000. Olive green borders and underprint. Track workers in the foreground; steam locomotive pulls train behind. Coupons bound at top. American Bank Note Co. 10” x 14”. EF.

Fresh and bright. The Long Island Railroad is the oldest railroad in the United States still operating under its original name and charter. It is also the largest commuter railroad in the country. Its origins date back to 1832, when the Brooklyn and Jamaica Rail Road was chartered to build a line from Brooklyn, through East New York, to Jamaica. Today, the Long Island Railroad carries passengers from Manhattan and Brooklyn all the way west to Greenport and Montauk. None of the certificates issued by this railroad are common, and Cox lists this particular bond as a Rarity 7 example. A rare opportunity to acquire a bond from a railroad that is probably as well-known as any other in America.