Previous Lot Next Lot

Auction: 319 - Bonds and Share Certificates of the Americas
Lot: 3161

Marconi Wireless Telegraph Company of America, (NJ), a pair of certificates, 'less than 100 shares' of $5 and 10 shares of $5, 19[1913], #022484 and #X7565, ornate border, vignette at top of Lady Justice between two globes, blue and orange respectively, both cancelled, EF. (2)

Italian physicist Guglielmo Marconi's new invention was patented in England in 1896. Following this Marconi formed the Wireless Telegraph and Signal Company with the help of his cousin Jameson Davis, and this was later renamed the Marconi Wireless Telegraph Company in 1900. Being a British owned company much of their work was initially based in England and Europe, but Marconi's radio-telegraphy system became more widely recognised following the America's Cup in 1899 where his system was used to communicate between ships and the newspapers in New York City on the progress of the yacht race. This sparked worldwide interest and lead to the formation of the subsidiary, the American Marconi Company.

Estimate
$80 to $100