Paper Money, Scripophily and Banking Histrory

Lot 342:

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USA New York 1877 Bill of Exchange August Belmont & Co. to Frege & Co., Leipzig

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Start price: $160

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Description

Elegant third of exchange issued by August Belmont & Co., a premier New York banking house, in favor of John Tholen for 845 Reichsmarks, payable by Messrs. Frege & Co. in Leipzig. Printed by American Bank Note Co., featuring a large ornate red “3,” a heraldic crest, and an eagle vignette. A beautiful example of transatlantic financial documentation from the Gilded Age, highlighting U.S.-German commercial ties and hetitage of Jewish German bankers at Wall Street

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