Antique J & P Coats 4 Drawer Oak Spool, Thread Cabinet - Nov 07, 2019 | Jasper52 In Ny
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Antique J & P Coats 4 Drawer Oak Spool, Thread Cabinet

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Antique J & P Coats 4 Drawer Oak Spool, Thread Cabinet
Antique J & P Coats 4 Drawer Oak Spool, Thread Cabinet
Item Details
Description
Gorgeous original J & P Coats general store display cabinet, solid oak chest with 4 drawers. Featured lift top desk with top board insert. Quartersawn oak cabinet, 4 drawers with original pulls. Measures 30” wide by 20 1/2" deep by 15” tall Weighs 41 pounds-great for any kind of storage. One of the best you will find. History: In 1802 James Coats set up a weaving business, also in Paisley. In 1826 he opened a cotton mill at Ferguslie to produce his own thread and, when he retired in 1830, his sons, James & Peter, took up the business under the name of J. & P. Coats. The firm expanded internationally, particularly to the United States. In 1890 Coats listed on the London Stock Exchange, with a capital base of £5.7 million. In 1890, Coats’ initial share offering takes place on London Stock Exchange. In 1896, the Coats and Clark firms merge to form J&P Coats Ltd, with a market value of around £22 million, over 50,000 employees worldwide, and approximately 25,000 shareholders. By now J&P Coats is growing into one of the world's largest company’s – at one point it was ranked by market capitalization ($300.8 million) after US Steel and Standard Oil. In 1952 J. & P. Coats and the Clark Thread Co. merged.

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  • Location: This item ships from Texas

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    Antique J & P Coats 4 Drawer Oak Spool, Thread Cabinet

    Estimate $500 - $600
    See Sold Price
    Starting Price $50
    11 bidders are watching this item.
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    Shipping & Pickup Options
    Item located in Texas, US
    $100 shipping in the US

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    Jasper52

    Jasper52

    badge TOP RATED
    New York, NY, United States46,470 Followers
    Auction Curated By
    Clifford Wallach
    Tramp Art, Folk Art & Americana Expert
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