Mar 28, 2019 - Sale 2503

Sale 2503 - Lot 266

Price Realized: $ 5,000
?Final Price Realized includes Buyer’s Premium added to Hammer Price
Estimate: $ 1,500 - $ 2,500
GARVEY, MARCUS. Signed stock certificate for 10 shares of common stock in the Black Star Line, issued to Mrs. Geraldine King. Engraved certificate #8907, signed by Garvey as president and Secretary-Treasurer Fred D. Powell; with the embossed corporate stamp of the Black Star Line; folds, minor wear including 2 small holes from a fastener in upper left. tiny hole at the conjunction of two folds not affecting any lettering. New York, 13 December 1919

Additional Details

An early stock certificate for the Black Star Line, the Universal Negro Improvement Association's vehicle for promoting worldwide commerce among black communities. In Garvey's vision, its ships would transport manufactured goods, raw materials, and produce among black businesses in North America, the Caribbean, and Africa, and become the linchpin of a global black economy.