Archives International Auctions

Auction 73  –  18 January 2022

Archives International Auctions, Auction 73

U.S., Chinese & Worldwide Banknotes, Scripophily and Historic Ephemera

Tu, 18.01.2022, from 5:00 PM CET
The auction is closed.

Description

Lehman Brothers Holdings Inc. 1994 Specimen Stock Certificate
New York (Inc. in Delaware), 1994. Odd Shares Specimen Stock Certificate, Black text with green border and underprint, Depiction of Montgomery, Alabama at top center in oval frame, Portraits of Mayer and Emanuel Lehman in the lower left and right corners. Specimen POCs, Uncirculated condition, SC-USBN. Lehman Brothers was a global financial services firm founded in 1847. Prior to 2008, Lehman was the fourth-largest investment bank in the United States. On September 15, 2008, the firm filed for Chapter 11 bankruptcy protection following the exodus of most of its clients, drastic losses in its stock, and devaluation of assets by credit rating agencies, largely sparked by a loss of confidence, Lehman's involvement in the subprime mortgage crisis, and its exposure to less liquid assets. Lehman's bankruptcy filing is the largest in US history, and is thought to have played a major role in the unfolding of the financial crisis of 2007–2008.
Estimate: USD 600 - 1000

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Bidding

Price realized 675 USD
Starting price 450 USD
Estimate 600 USD
The auction is closed.
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