C 1929 New York Stock Exchange Wall Street Superb PSA Type 1 Original Photo

Description: C 1929 New York Stock Exchange New York City, NY Broad Street & Wall Street (NYSE) Superb Vintage Depression Era Image, Crystal Clear NYC Financial District PSA/DNA Type 1 Authentic Original Photo PSA Authenticated: Type 1 Original Authentic Photo C 1929 PSA Certification/Verification Number:85312908 Encapsulated, Holder Size: 9.75 inches X 13.25 inches (approximate) Photo Size: 6-7/8 inches X 9-3/8 inches (approximate) Issued By: Underwood & Underwood with part of their stamp showing on the back of the photo as it is partially covered by "THE BETTMANN ARCHIVE" label. The photo has superb detail and is crystal clear. It has excellent appeal and is among the finer NYSE photos offered. Pertinent Information: History.com: During the 1920s, the U.S. stock market underwent rapid expansion, reaching its peak in August 1929 after a period of wild speculation in the Roaring Twenties. By then, production had already declined, and unemployment had risen, leaving stocks in great excess of their real value. Stock prices began to decline in September and early October 1929, and on October 18 a big drop in stock prices began. Panic soon set in, and on October 24, Black Thursday, a record 12,894,650 shares were traded. Investment companies and leading bankers attempted to stabilize the market by buying up great blocks of stock, producing a moderate rally on Friday. On Monday, however, the storm broke anew, and the market went into free fall. Black Monday was followed by Black Tuesday—October 29, 1929—during which stock prices collapsed completely and 16,410,030 shares were traded on the New York Stock Exchange in a single day. Billions of dollars were lost, wiping out thousands of investors, and stock tickers ran hours behind because the machinery could not handle the tremendous volume of trading. The stock market crash of 1929 was not the sole cause of the Great Depression, but it did act to accelerate the global economic collapse which it was also a symptom. The item ships to the lower 48 states only. However, at the direction of eBay, through their program, international shipping is available. The item will be well packed with care and shipped using an expedited service (USPS Priority Mail or similar with insurance when available). Depending on the shipping method, delivery signature confirmation may be required. Shiping fees are typically well below the actual cost. If purchasing more than one item, there is always only one shipping fee. Please do not hesitate to ask any questions you may have.

Price: 800 USD

Location: Sound Beach, New York

End Time: 2024-12-02T03:16:36.000Z

Shipping Cost: 14.65 USD