-40%
Russell Sage

Russell Sage

$ 184.8

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

    Description

    1880, Kansas. Stock certificate for 100 shares in the St. Joseph & Western RR Co. Red. Vignette at top center of a train departing a station. Issued to Russell Sage and signed by him on verso. Russell Sage (1816-1906). Banker; Financier; U.S. Congressman. As the originator of "put and call options", Sage greatly changed the way speculators played the stock market. Among America's most powerful and wealthy bankers, he financed Jay Gould and made a vast fortune on the latter's stock manipulations. "Sage was one of the shrewdest and most conservative of all great financiers." (DAB) At one time he is said to have had 27,000,000 out on call loans. At the time of his death he left a fortune worth an estimated 70,000,000. Fine.