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Glenfed, Inc. Specimen Stock Certificate
Glenfed, Inc. Specimen Stock Certificate
Glenfed, Inc. Specimen Stock Certificate
 
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Vintage Stock Certificate


Product Code: SC145

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Description
 
Glenfed, Inc. was the parent company of Glendale Federal Bank which was once the 5th largest savings institution in the U.S. In 1993 it agreed to the what at the time was the largest private sector bailout of a distressed savings and loan to avoid being seized by the Office of Thrift Supervision.

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.