Auction #XXXII, Sessions 1, 2 and 3

Pecos Valley and Northeastern Railway Co. Specimen Stock Certificate. New Mexico, 189x, Odd Shares, Specimen, Black on green border and underprint, Seated allegorical tropical woman flanked by sugar cane and coffee beans and harvesters, Red "Specimen" overprints, "00000" serial numbers and POC's. VG to Fine condition with toning and small tears in top margin. ABNC. Rare certificate in any condition.