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Schuyler J. Rumsey Philatelic Auctions Sale: 20

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United States

The Atlantic Dynamite Co. of N.J.
image Sale No: 20
Lot No:670
Symbol:

The Atlantic Dynamite Co. of N.J. Spectacular multicolor design on 1901 cover showing Cyclops with Lighting Bolts, franked with pair of 1901 1¢ Pan-Americans tied by Indianapolis, Ind. machine cancel, reverse with all over multicolor text ad, small edge tear at right & one 1¢ defective, Very Fine, a very rare design, ex-Beals, which sold for $660 in 1987, the highest price for any post 1869 cover with the exception of one Laflin & Rand cover which also sold for $660. Estimate  $400 - 600. After Alfred Nobel invented dynamite in 1866, DuPont's conservative head, Henry DuPont, had resisted entering the new business. However, Henry's progressive nephew Lammot expressed a keen interest and in 1880, with the assistance of Laflin & Rand, Lammot formed the Repauno Chemical Company to produce and sell dynamite. This joint venture proved extremely successful, and two years later Lammot expanded operations to Cleveland to supply the booming western dynamite market. Four years after Lammot's death in an accidental explosion in 1884, a young coal-mining executive, J. Amory Haskell, was elected president of Repauno. Determined to enlarge and consolidate Repauno's extensive holdings, Haskell acquired the Atlantic Dynamite Company, which held Nobel's American patents. In 1895 he established the Eastern Dynamite Company, which incorporated Atlantic Dynamite as a wholly owned subsidiary. In 1902 DuPont purchased Laflin & Rand's interest in Eastern, thereby assuming control over 72 percent of the nationwide dynamite industry. In 1911 a Federal court ruled DuPont in violation of antitrust laws, and as a result DuPont's explosives businesses were split off into two newly created, separate firms, the Atlas Powder Company and the Hercules Powder Company. $0 (Image)



Opening US$ 0.00
Sold...US$ 700.00


Closed..Apr-17-2005, 23:59:00 EST
Sold For 700

image Sale No: 20
Lot No:671
Symbol:

The Atlantic Dynamite Co. of N.J. Spectacular multicolor design on 1901 cover showing Cyclops with Lighting Bolts, franked with pair of 1901 1¢ Pan-Americans tied by Indianapolis, Ind. machine cancel, reverse with all over multicolor text ad, slightly reduced at right with corner nick at top right, Very Fine, a very rare design, ex-Biddle, which sold for $550 in 1982, the highest price for any Gun cover in the Biddle sale. Estimate  $400 - 600. $0 (Image)



Opening US$ 0.00
Sold...US$ 850.00


Closed..Apr-17-2005, 23:59:00 EST
Sold For 850
image Sale No: 20
Lot No:672
Symbol:
Cat No:Collection

The Atlantic Dynamite Co. of N.J. Multicolor design on 1905 cover showing Roman Wrestling Lion, franked with 1903 2¢ tied by Birmingham, Ala. machine cancel, reverse with all over multicolor text ad, couple tiny cover abrasions, probably from cancelling machine, Extremely Fine, a very rare design, not included in the Biddle or Beals collections. Estimate  $200 - 300. $0 (Image)



Opening US$ 0.00
Sold...US$ 1,200.00


Closed..Apr-17-2005, 23:59:00 EST
Sold For 1200


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