Beautifully engraved, scarce certificate from the Tennessee Coal, Iron &
Railroad Company issued in 1898. This company was one of the twelve original
1896 Dow Jones Industrial Average Companies; thus, making this certificate
very desirable and collectible.
This historic document was printed by the American Banknote Company and has
an ornate border with a triple vignette of a train and men working in a
mine. This document has the hand signatures of the company's president, N.
Baxter, Jr., and secretary, John F. Fletcher. The certificate has been punch
cancelled through the signatures and is in EF condition.
In 1881 the Tennessee Coal & Railroad Company was renamed the Tennessee
Coal, Iron and Railroad Company. The company was one of the largest
industrial firms in the Birmingham area. Ultimately, the company was
acquired by U.S. Steel in a 1907 merger approved by Teddy Roosevelt when he
was tricked during the panic by J.P. Morgan.
The certificate is shown in an ornate, antique gold finish classic frame.
The wood moulding is 1 1/4" wide with an overall frame size of 13 1/4" x 16
1/4". Double matting is used with an engraved, brass plate stating "1896
Original Dow Jones Industrial Average Company". Archival mounting, acid-free
backing, and clear glass are used in preparing the framed certificate.
The price includes the historic certificate, framing as described above,
labor, heavy duty packaging, and USPS Priority Mailing in the continental
United States. Mailing to Alaska, Hawaii, and international destinations is
available at actual cost.
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All Old Stock and Bond
Certificates are actual authentic certificates and are sold only as collectibles.
We do not sell reproductions and offer a lifetime guarantee to the
authenticity of everything we sell.