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1875 Andrew Carnegie Rare Signed Check in the Amount of $65,000—Full JSA

Lot Number 1427

Quantity: Bid Starts: 05/09/2016 12:00:00 
Bid Open: 750.00  Bid Ends: 05/19/2016 23:30:00 
Bid Count: Overtime: 30 Minutes
Currently: 900.00  Time Left: Ended
View Count: 1083   
     
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Description

What industrialist J.D. Rockefeller was to oil, Andrew Carnegie (d.1919) was to steel. Like Rockefeller, Carnegie also turned to philanthropy, giving away 90% of his fortune. Keep your eyes on the business end of things as you draft for this rare Carnegie signed check. Complete details on our website.

Dated 2/13/1875, this crisp, clean payment voucher bears a handwritten notation detailing the purchase of 1,460 shares of Pennsylvania Railroad Company stock. This well preserved check serves as an appropriate example of Carnegie’s investing wizardry, as he displayed a “Midas touch” in amassing his vast wealth. Made in the considerable amount of $65,000, this appealing check shows appealing (XF) details with deference to a series of small cancellation hole-punches and a paid stamp at center. These expected cancellation markings are of an official nature and in no way do they diminish Carnegie’s fantastic (“9”) strength endorsement at lower right. Full photo LOA from JSA.

 

One of two super rare checks consigned to this auction, this piece was brought to the attention of long-time check collector and top authenticator James Spence, who remarked that both this Carnegie and a separate Rockefeller check were the first he’d ever seen by either one of these important financial giants. Though fairly scarce, other items signed by Carnegie are available. The true rarity here is that this item is signed check, which seems harder to find than a billionaire who would give away 90% of his money.

 

The Rockefeller check can be found in the Americana & Historical Memorabilia-Autographed Items category.



 
 
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