E J korvette Stock Certificate 100 Shares Common Stock

Description

E.
J. Korvette, Inc. Stock Certificate
Vintage 12" wide stock certificate from "E. J. Korvette, Inc.". Korvette is considered a famous innovator in the discount market and was credited with developing the discount model whereby stores sell at lower margins and make profits by greater volume and fast turnover. They were eventually bought out by Spartans Industries and some of the certificates are stamped with the name change. These are are dated in the mid 1960s.
Used stock certificate in great condition.
P
aper stocks are no longer being issued. All
,
stock transactions are processed digitally. Therefore, a very finite supply of sur
viving stocks from the 20th Century is becoming rarer every day.
Coins, stamps, and currency are all issued in the millions, but the average stock issue was only in the thousands. Strick rules put in place by the SEC between the 1980 and 2000 led to the complete destruction of the vast majority of issued stocks, making the ones offered today even more special and rare.
NO ISSUED CANCELLED STOCK DATED AFTER 1999 IS LEGALLY ALLOWED TO BE IN PRIVATE HANDS! IN FACT, EVERY SUCH STOCK WAS OR WILL BE DESTROYED UNDER FEDERAL LAW!
This means that vintage stocks issued before that will increase in collector value over time. There are just too many people and too few stocks.
When they are not producing them anymore and they are not then what is left usually goes up in price.
It is a law of economics to many dollars chasing too few items.
Every stock certificate is beautifully engraved via the intaglio method (using steel plates), most by the American Bank Note Co. or its affiliates. The designs are etched right in the paper, not merely printed on top of it, and many certificates are in the art deco style.
The stock certificates are in clean, crisp condition with minor signs of routine handling such as pinhole cancels in the side margin or an occasional pen mark.
All stock certificates are guaranteed to be the original document.
We do not sell copies or reproductions.
Each certificate comes with a 30-day MBG or exchange privilege if the certificate is returned in same condition as sent.
Track Page Views With
Auctiva's FREE Counter