NEW YORK. United States Accelerating Steam Navigation Co. $1. 00 as One Share of Stock. New York. 24th May, '18'41. Large red 'ONE' protector. In a cartouche supported by angel, a custom vignette of an early airship, Dove, on a barge, round balloon on the water adjacent by Durand & Co.; at left Indian princess and at the far right, Justice. Durand Rarity Rating ''B''. Harris H1045; Rarity 7. The rarity rating is aggressive for Harris. Our observations places this at a High Rarity 5 and near a Rarity 6. However, these are very popular. The shares cost $1.00 in this venture and the size of these indicates they were intended for circulation. A historic and fascinating topical. Very Fine.
Ex T. James Clarke Collection Sale (NASCA, June 26-28, 1978, lot 1614).
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