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Chase Brass Industries Specimen Stock Certificate
Chase Brass Industries Specimen Stock Certificate
Chase Brass Industries Specimen Stock Certificate
 
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Vintage Stock Certificate


Product Code: SC122

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Description
 
Chase Brass was founded in 1876 by Henry Sabin Chase in Ohio. In 1929 Chase became a subsidiary of Kennecott Utah Copper and became the largest producer of copper in the U.S. They built the Chase Tower in NY as their headquarters and it is now known as the Mercantile Building. They were purchased by Standard Oil of Ohio (now BP America) in 1981. The last remnants of the Chase Brass were subsequently sold in 1990 and the new company was renamed Chase Industries, Inc. It was traded on the NYSE as CSI.

Specimen stock certificates are certificates that were archived by printers and the company as perfect examples of the company’s stock issue. Specimen’s can be identified by their “specimen” stamp, stamped holes spelling “specimen”, or they are often issued with a serial number of a series of zeros. Often, they are also issued with no serial number at all. Specimens can also represent a design that was never issued. All of these attributes make the specimen stock certificate rarer than the issued version of the share. Many enthusiasts collect specimens as a whole new category of Scripophily.