$19.95 Buy It Now or Best Offer
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Seller Store collect-a-thon
(24738) 100%,

Location: New York, New York
Ships to: US,
Item: 355496697271

All returns accepted:ReturnsNotAccepted
Type:Bond Lots
Country/Region of Manufacture:United States

These are GRADE B (Imperfect) Bonds with flaws described below. If you would Grade A (Undamaged) quality, the price for one is $17.50 (Regularly $35). The price for 10 is $99.95!! Please email to order those. We are the only seller offering this classic NYC railroad bond with Hellgate Bridge and with one row of COUPONS on the right side. We are also the only seller offering it for $1.99 (if you buy 10). Outstanding scripophily/railroad/NYC collectible!! The photos show a defect free bond, available for $19.95 (see last paragraph). There may be the following defects: The coupons are cut in or unevenly cut on the right edge – this is usually the main issue. Resolution: 1) cut the coupon edges straight, 2) mat over the rough edges, or 3) remove the coupons altogether (use a paper cutter to make a clean cut for a straight even margin). The coupons are still useful (see below). The bottom has been clipped, or a couple of coupons may be clipped and re-attached with staples or tape. There may be occasional chinks, splits or small tears in the edge of the margin outside of the engraved area (mat over). There may be wrinkles or folds between the bond and the coupon sheet and/or on the bond or the coupon sheets. Generally, these can be pressed out. There may be tape or tape stains on the bond – usually confined to the margin. If a bond has more than 3-4 of these issues (a borderline “eyesore”) we’ll throw it in FREE. Still very useful! For example, the huge, magnificent steel-engraved vignette of the Hell Gate Bridge is almost never affected, and can be sold separately, matted or mounted on a card. We use the miscut coupons to make unique works of art either in creatively arranged multiples or in combination with other bond coupons – the possibilities are endless! If you’re interested in lots of raw coupons, enter “coupons” in our store search box or email us (we have a million or more, many thousands of different ones!) If you would like a single bond with none of the mentioned defects (rare! 1 in 100!) as shown in photos, click on Buy Now for price of $19.95 and email us to advise that you want one bond in the best possible condition. NO OTHERS on eBay that have coupons!!! Back in the late 19th century the Pennsylvania Railroad (PRR) proclaimed itself the Standard Railroad of the world. It was a time when railroads were king and expansion projects were often privately funded.Such was the case of the PRR that sought to improve its access to the New York gateway. Up to that time, the PRR moved cargo and passengers via ferry boats across New York harbor. Technology, in the guise of the industrial revolution, led to advances in bridge building and tunneling.Around the turn of the nineteenth century PRR officials led by Pennsylvania President Alexander Cassatt, visited Europe to study electrified railways. Electrification made it possible to run electric trains underground avoiding the threat of asphyxiation that accompanied steam operations in confined areas.The Pennsylvania put together a comprehensive plan that became known as the New York Extension Project. This expansion included building Penn Station in mid-town Manhattan, two Hudson River tunnels, four East River tunnels, and Sunnyside Yard in Queens.In addition, it called for the improvement of freight handling facilities at Oak Point Yard in the Bronx, Bay Ridge Yard in Brooklyn, and at Greenville New Jersey. A key node was establishing a connection with the Long Island Railroad (LIRR) at Fresh Pond Junction in Glendale Queens. The NYCR however, remained dependent on car float operations to move freight across the harbor between the Oak Point and Bay Ridge yards.The PRR’s chief competitor and arch-rival—the New York Central Railroad—already enjoyed direct access to the New York metropolis. Once competing route variations were finalized, it was decided that the Connecting would bridge the East River at Hell Gate. By 1903 work on the Extension Project was begun although construction of the NYCR itself did not begin until about 1910.The NYCR was the last act of an ambitious plan. The all-rail route via the Hudson and East River tunnels, Penn Station, Sunnyside Yard, and the Hell Gate Bridge, enabled passenger trains to move freely through the heart of the City.The Connecting was jointly owned by the Pennsylvania and New Haven railroads, and operated exclusively by the New York, New Haven & Hartford Railroad (i.e. the New Haven). It extends from Port Morris Crossing in the Bronx, just south of the entrance to Oak Point Yard about eight miles to Fresh Pond Junction in Glendale Queens.There is also a 0.9 mile connection with Sunnyside Yard, once the largest electrified passenger car yard in the world. The NYCR has track rights over the Long Island Railroad’s 11 mile Bay Ridge Branch to reach the car floats at the 65th Street Yard in Brooklyn.At the time, railroads were being held to a higher standard of construction and operation. The NYCR was built as a grade separation railroad. Its tracks crossed either above or below street level greatly minimizing traffic disruptions. Much of the Connecting was built in a cut, again placing it out of sight. For most of its existence, the NYCR employed electric locomotives that reduced noise and other pollutants.The City also had a smoke abatement policy that discouraged the use of steam powered locomotives in city limits.The magnificent Hell Gate Bridge set the tone for the NYCR to be more than any ordinary bridge, or shall we say bridges? Next: construction.

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