October 02, 2014

Mario Boone auction 53, November 1

Mario Boone will hold his 53rd auction Saturday November 1, 2014 at the Atomium in Brussels. This sale includes 1,289 lots of which 75% are European issues. The highlight of the sale is a lot of 560+ certificates from collector Jacques Simar, all involving the career and businesses of Belgian entrepreneur, Baron Edouard Empain.

In this sale, only 113 lots involve North American companies and only 18 are railroad-related. Minimum bids for most certificates are strong by U.S. standards, but well in line with European standards.

If anything seems underpriced, it is an 1871 $1000 bond from the Mobile & Montgomery Railroad. The scarcest item seems to be an 1834 stock certificate from the Philadelphia Germantown & Norristown Rail Road Company. An item with unrecognized rarity is an 1851 Carroll County, Ohio aid bond for the Carroll County Rail Road. The certificate offered is one of only four known to me and last sold in 2005 for about the same amount as the starting bid.

As usual. essentially all lots are illustrated and the entire catalog is in color. If interested in this sale, be sure to contact Mario at Mario.boone@skynet.be as soon as possible. You may also see all lots in color at http://www.booneshares.com/.

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