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Item 8157 - Franklin D. Roosevelt Catalog 603 (Feb 2021)

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(we are no longer accepting bids on this item)
Minimum Bid: $200.00
Sold Price: $962.50 (includes buyer's premium)


ALS, two pages, 6.75 x 8.5, personal letterhead, September 14, [no year]. Letter to Mr. Roberts, in part: "I'm sorry, but I still don't understand about the certificates. These are for 6,000 shares, the full amount to go to the organizers—and I understand that while they were to get 10%, their stock would be issued only pro rata to the stock sold the public—in other words only as fast as the marks actually come in. It would certainly be wrong to issue 6,000 shares to the organizers if for example we issue only 6,000 to actual mark owners, for that would mean that the latter would get only 50% of the profits. Please talk this over with Mr. Paine." Nicely double-matted with a portrait to an overall size of 28.25 x 16.25. In very good to fine condition, with light overall creasing, and a light stain to the right edge of each page.

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