United States Steel Corporation $100,000 Gold Bond Issued to Andrew Carnegie - 1901 dated Cranberry Color Steel Bond

Andrew Carnegie (1835-1919) was a notable industrialist and philanthropist. He began his illustrious career as a bobbin boy at the tender age of 13 and later became a self-educated telegrapher for the Pennsylvania Railroad. From 1853 to 1865, he was instrumental in the introduction of Pullman sleeping cars, organized the military telegraph department, and played an active role in troop transportation during the Civil War. Following his tenure with the railroad, Carnegie redirected his efforts towards the iron and steel sectors. His approach of "putting all his eggs in one basket and then watching the basket" proved to be exceptionally successful.

By 1889, the United States had emerged as the global leader in steel production, and in 1901, Carnegie sold his enterprise, the Carnegie Company, to the U.S. Steel Corporation for $250 million. The Carnegie Foundation of New York has donated millions towards scientific research, educational initiatives, the promotion of international peace, and the acknowledgment of heroic acts. The foundation is particularly renowned for its establishment of public libraries. A historic bond, dated 1901—the same year he divested his company—represents a remarkable $100,000 5% United States Steel Gold Bond issued to Andrew Carnegie, although it remains unsigned. The scarcity of Carnegie stocks and bonds is well acknowledged; previously, two signed examples of this bond were sold to collectors for $125,000 each. The bond is meticulously stamped and hole-cancelled, showcasing exceptional graphics and a striking cranberry red hue, and is in pristine condition. Accompanying it is a portrait of Carnegie. If one were to compile a list of the top ten U.S. stocks or bonds of all time, this would undoubtedly rank among the foremost selections.