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Auction: 14016 - Bonds and Share Certificates of the World
Lot: 697

Baltimore Insurance Company, one share, [1796], no.198, issued to Robert Smith, scrollwork at left, black, attractive embossed seal at lower left, very fine and rare.

This marine insurance company was incorporated in the state of Maryland with a capital of $300,000 on 26th December 1795, just two days after the state's first such company. The United States' only two other joint stock companies offering marine insurance at the time had been incorporated in Pennsylvania in the previous year.

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Estimate
£1,000 to £1,500