Christie's auctions the iconic Wall Street sign for $116,500



2015-06-26 12:02:57

Christie's auctions the iconic Wall Street sign for $116,500

This sign stood through both the 1920 Wall Street bombing and the 1929 Stock Market crash...

Christie's today sold New York's most famous street sign, a vintage cast ironrelic from the corner of Broad and Wall Street, for $116,500.

Itwas estimated at $60,000-80,000, and eventually won by a phone bidder.

The sign is made ofan original cast iron mounting bracket composed of four interlocking frame pieces. Each enamel sign shows original wear -including damage on the Wall Street sign from the notorious 1920 bombing.

Once located in the Financial District, in front of the original JP Morgan and Co building, the Wall Street sign stood at the epicentre of some of the most eventful times in US financial history.

 The cast iron sign from the corner of Broad and Wall Street

At noon on September 16, 1920, this corner was the scene of the Wall Street bombing, when an explosive was placed in front of the bank killing 38 and injuring several hundred.

Probably the most memorable time in financial history was in October 1929. Crowds gathered at the intersection of Wall and Broad streets after the Stock Market crash in shock and disbelief.

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Images: Christie's

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