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American Salvage Company (Ship Salvage Vignette)

$175.00

SKU: 5345
Product Details

Beautifully engraved antique stock certificate from the American Salvage Company dating back to the 1910's. This document, which is signed by the company President and Secretary, measures approximately 11 1/2" (w) by 8 1/4" (h).

 

This certificate's unique vignette features a salvage barge lowering the company's patented submarine to help recover a sunken ship.

You will receive the exact certificate pictured.

    Historical Context

    The American Salvage Company was incorporated in New Jersey in 1916 and was based in Paterson.

    The company controlled the patents to the Sisson Deep Sea Diving Machine, used in the salvage operation of sunken ships. The Sisson Deep Diving Machine was designed to work down to a depth of 500 feet. The vessel would allow divers to attach floating pontoons to the sunken vessels to raise them to the surface.

    Despite the inventive process, the company was insolvent by 1923.

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