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Russell Sage

Russell Sage

$ 132

Availability: 100 in stock
  • All returns accepted: Returns Accepted
  • Item must be returned within: 14 Days
  • Return shipping will be paid by: Buyer
  • Refund will be given as: Money back or replacement (buyer's choice)

    Description

    1880, Missouri. A 11 ½” x 7 ¾” stock certificate for 100 shares of Capital Stock. Green/Black. Cattle vignette at upper center with a cherub at top left and right corners. Issued to and signed on verso by Russell Sage, (1816-1906) Banker; Financier; U.S. Congressman. As the originator of “put and all options”, Sage greatly changed the way speculators played the stock market. Among America’s most powerful and wealthy bankers, he finance Jay Gould and made a vast fortune on the latter’s stock manipulations. “Sage was on of the shrewdest and most conservative of all great financiers.” (DAB) At one time he is said to have had ,000,000 out on call loans. At the time of his death he left a fortune worth an estimated ,000,000. Stamp, punch and pen cancellations not affecting the signature. Fine.