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Auction: 9027 - Bonds & Shares of the World
Lot: 703

x Trans-Alaska-Siberian Railway Co. (NJ), $100 shares, 1906, no.59, issued to and signed by Baron Loicq de Lobel, also signed by him as President of the company, coat of arms at top right, ornate border, green and black with orange underprint, very fine. A very ambitious Franco American project by engineer De Lobel to build a tunnel under the Bering Straight to connect Alaska and Russia, using the Diomede Islands (roughly half way) to break the tunnel. Each section of tunnel would then have exceeded the length of the longest in the world at that time. Similarly to other early attempts at a channel crossing between France and England the project failed mainly due to politics and concessions. Estimate £ 150

Sold for
£500