Christie's auction house has just sold a part of Wall Sreet's history: The "Wall and Broad" street sign from the early part of the 20th century was auctioned for $116,500.
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A vintage street sign that stood at the intersection of Manhattan's Wall Street and Broad Street is on display at Christie's, in New York, June 18, 2010. The late 19th century to early 20th century pop-top style street sign will go on auction on June 22, 2010.
That was above the pre-sale estimate of $60-80,000 and includes the auction house's commision. The buyer was not immediately known. It was previously on display at the Museum of American Finance. The museum has offered to let the new owner continue to display it there.
The sign stood outside the headquarters of J.P. Morgan & Co. and survived a deadly 1920 bombing by anarchists. As noted by Christie's, the sign bears "heavy pocking" from the blast.