Watch List notes:

New York Central and Hudson River Railroad Lake Shore Collateral (New York) 1913. Trio of $50,000 - 3 ½ % Registered Gold Bonds. Issued, cancelled. Orange. Locomotive at pier. Issued to William K. Vanderbilt, Jr. & Harold S. Vanderbilt as Trustees for the Duchess of Marlborough. VF-EF. [3].

Estimate: $40-60