1938 Letter of Credit Document Signed by Howard Hughes July 1938 was a landmark month for Howard Hughes and the continued advancement of the aviation industry. It was the month that Hughes and a crew of four circumnavigated the globe in a heavily-modified Lockheed L-14, taking only three days and 19 plus hours to do so. New radio equipment developed by Hughes Aircraft engineers for this flight would later serve as their entry into the electronics field. Hughes and the crew would be given a ticker-tape parade down Broadway in New York City upon their return. For the aviation historian, here is an incredible lot of items related to, and carried on, that world-famous flight. First is a one-page typewritten letter from the Amtorg Trading Corporation, stating in part: "My dear Mr. Hughes: We are enclosing herewith Letter of Credit, together with four (4) copies translated in Russian, which you will present to the authorities at the airdromes whenever you make a landing in the U.S.S.R.... You are to keep one Russian copy and the English copy with you..." The next item is a one-page document in Russian, being one of these Letters of Credit, with a large and bold Howard R. Hughes signature and the embossed seal of the trading company. Also included is a small American flag purported to have been carried on this flight and a legal-size envelope addressed "TO WHOM IT MAY CONCERN, AIRDROME, MOSCOW, U.S.S.R." and postmarked July 10, 1938 at New York City. "HOWARD HUGHES GOODWILL FLIGHT" is typed on this envelope and a Russian airmail stamp has been placed beneath the cancelled U.S. stamps. Items actually flown on this monumental flight are very rare. A rare opportunity for the advanced collector. Accompanied by COA from PSA/DNA.

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    Auction Dates
    June, 2005
    22nd-23rd Wednesday-Thursday
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