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Auction: 313 - Numismatic Collector's Series - Ft. Worth, TX
Lot: 1969

United States Steel Co (NJ), $100,000 5% 50-year gold bond, Series A, 1901, #538, issued to Andrew Carnegie, trains dwarfed by huge steel factory, helmeted man below, red, ABN, punch and stamp cancels, light toning at edges, but just about EF. US Steel was formed three months before this bond was issued when Andrew Carnegie (1835-1919) sold out his huge steel empire to J Pierpont Morgan; he was paid in bonds including the present one to the tune of over $225 million, equivalent to over $6 billion in today´s money.

Sold for
$525