The Grand Union Company Specimen Sock Certificate

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The Grand Union Company Specimen Stock Certificate

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Our Price: $104.45

Sale Price: $64.00

Vintage Stock Certificate

Product Code: SC397

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Founded in 1872 as the Jones Brothers Tea Company, The Grand Union Company was one of the largest grocery chains in the U.S. by 1930. By 2000 the company was driven into bankruptcy for the third time by poor decisions and an embezzling scandal in which one of it's executives was convicted of stealing $2 million from the company. Finally in 2012 the company's remaining 21 stores were sold to Tops Markets bringing an end to the Grand Union Company name. This beautiful Specimen stock certificate is a great piece of history.

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.