LOT #67023 |
Starting Bid: $1
[Republic of Texas]. City of Sabine $1000 Stock Certificate....
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Description
[Republic of Texas]. City of Sabine $1000 Stock Certificate. 7 x 3 1/2 inches, Sabine City, Texas; January 1839. A stock certificate, "No 172," entitling the holder to "the Five Hundreth [sic] Part of the City of Sabine; the original Proprietors being Sam Houston, Philip A. Sublette...and others; and by present the same to the Agent of the Company, shall draw a proportionable dividend of the proceeds of Sales." Signed by Niles F. Smith as "Agent for Proprietors."Sabine City was founded in 1836 by Sam Houston and Philip A. Sublett. The town name was changed to Sabine Pass in 1839. Although technically a stock certificate redeemable for land in the city, it was also used as a local currency as well.
Condition: Age-toned with some edgewear, including a touch of loss at the bottom right corner, affecting text. Endorsed on the verso, with ink erosion at the endorsement, resulting in minor loss. Scattered staining, with a single stray red ink mark.
Auction Info
2025 November 8 Historical Manuscripts including Texana Showcase Auction #30152 (go to Auction Home page)
Proxy Bidding Ends
November
8th
Saturday
12:50 pm CT
Auction Dates
November
8th
Saturday
Proxy Bidding Time Remaining
29 Days
16h 42m 45s
Internet/Mail Bids: 0
Lot Tracking Activity: 4
Page Views: 15
Buyer's Premium per Lot:
25% of the successful bid (minimum $49) per lot.
This lot is in: 1 -
Manuscripts Session
(Lots 67001-67182) - 1:00 PM Central Time, Saturday, November 8, 2025.
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Additional Location Info:
Heritage Auctions - Dallas
2801 W. Airport Freeway
Dallas, TX 75261
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