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Collectible Stocks and Bonds

Peoples Bank of McKeesport stock certificate 1902 (Pennsylvania)

$69.95 $44.95
(You save $25.00)

Peoples Bank of McKeesport stock certificate 1902 (Pennsylvania)

$69.95 $44.95
(You save $25.00)
SKU:
peoples bank mckee ic 1902
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Product Description

Peoples Bank of McKeesport 1902 (Pennsylvania)

Uncommon banking piece. Great vignette of the  Pennsylvania state seal at the top. Issued and cancelled. Pen cancellations through signatures. Incorporated in Pennsylvania.  Dated 1902. Measures approximately 11 x 7.5 inches. Early certificate version available in another listing.

Incorporated 1873 as the United States Savings Bank of Pittsburgh, name changed to United States Bank of the City of Pittsburgh.  In 1881, the name of the company was changed to the Peoples Bank of McKeesport. 

McKeesport suffers from the same problems as other Monongahela Valley communities — the collapse of the steel industry that was the linchpin of the local economy, leading to a massive exodus of people and subsequent poverty. In McKeesport, the economic base was built on its steel tube and pipe manufacturing plant, the world's largest producer of tubular goods at one time, employing more than 9,000 workers at its height and giving its hometown the nickname of “Tube City.” The plant closed in 1987.

The population fell from a high of 55,355 in 1940 to an estimated 17,493 in 2021, according to the U.S. Census.

 

Product descriptions and images
Please note that some pictures may only be representative of the inventory available.  If we have more than one piece, we are unable to scan and display every piece.  Unless otherwise noted, that there are variations for signatures, cancellation marks/holes, serial number, and dates.  Colors will be as noted and pictured.

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