April 8, 1924 Lloyds of London Insurance Policy for Yankee Stadium

A Historic Lloyd’s of London Insurance Policy for Yankee Stadium

An Iconic Piece of Baseball History

Step back in time to the roaring 1920s, a period marked by the burgeoning popularity of baseball in America. Among the many treasures from this era, a particular artifact stands out—a Lloyd’s of London insurance policy dated April 8, 1924. This document is not just a piece of paper; it is a testament to the grandeur and significance of Yankee Stadium, the home of the American League Base Ball Club of New York.

Details of the Policy

This general liability policy was a safeguard for Yankee Stadium, covering up to an impressive $190,000 in damages. The coverage period spanned from April 17, 1924, to April 17, 1925, a crucial time for the stadium and its team. The premium for this substantial coverage was set at $1,375, a significant sum in those days, reflecting the value and importance of the venue it protected.

• Insurer: Lloyd’s of London, a prestigious name in the insurance industry.
• Coverage Amount: Up to $190,000 in damages.
• Coverage Period: April 17, 1924, to April 17, 1925.
• Premium: $1,375.

The Legacy of Lloyd’s of London

Lloyd’s of London, renowned for its rich history and expertise, is one of the world’s oldest and most established international insurance and reinsurance markets. With a legacy of transacting business worth billions of dollars in premiums annually, Lloyd’s has been a cornerstone in providing security and assurance to countless enterprises and individuals across the globe.

This particular policy is a four-fold piece, complete with a two-page insert, and is preserved in overall excellent condition. The pencil check marks notating original approval on the policy itself add a layer of authenticity and historical value, making it a coveted item for collectors and enthusiasts alike.

Preserving Baseball’s Rich Heritage

For those passionate about baseball memorabilia, this insurance policy is more than just a document; it is a piece of the sport’s storied past. It serves as a reminder of the era when Yankee Stadium was not just a venue but a symbol of baseball’s golden age. Collectors and historians alike will find immense value in this artifact, which encapsulates a pivotal moment in the history of America’s favorite pastime.

As we continue to celebrate and preserve the rich heritage of baseball, items like this insurance policy play a crucial role. They offer a glimpse into the past, allowing us to appreciate the legacy and impact of iconic venues like Yankee Stadium. For those interested in exploring more about such remarkable pieces, Grey Flannel Auctions offers a wide array of sports memorabilia that captures the essence of sporting history.

* This text was generated from the original auction listing.