American Submarine Co - 1870's dated Gorgeous Nautical Stock Certificate

Stock printed by Ferd, Mayer & Sons, NY. PASS-CO Grade EF. Great historic stock of an important company! General Burnside was involved with this company which searched for sunken treasure off the coast of Venezuela. Great and Rare!

A submarine (or sub) is a watercraft capable of independent operation underwater. It differs from a submersible, which has more limited underwater capability. The term is also sometimes used historically or colloquially to refer to remotely operated vehicles & robots, as well as medium-sized or smaller vessels, such as the midget submarine & the wet sub. Submarines are referred to as "boats" rather than "ships" irrespective of their size.

Although experimental submarines had been built earlier, submarine design took off during the 19th century, & they were adopted by several navies. They were first widely used during World War I (1914–1918), & are now used in many navies, large & small. Military uses include attacking enemy surface ships (merchant & military) or other submarines, & for aircraft carrier protection, blockade running, nuclear deterrence, reconnaissance, conventional land attack (for example, using a cruise missile), & covert insertion of special forces. Civilian uses include marine science, salvage, exploration, & facility inspection & maintenance. Submarines can also be modified for specialized functions such as search-&-rescue missions & undersea cable repair. They are also used in tourism & undersea archaeology. Modern deep-diving submarines derive from the bathyscaphe, which evolved from the diving bell. Read more at https://en.wikipedia.org/wiki/Submarine