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ITT Educational Services, Inc. Specimen Stock Certificate
ITT Educational Services, Inc. Specimen Stock Certificate
ITT Educational Services, Inc. Specimen Stock Certificate
 
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Sale Price: $79.00
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Vintage Stock Certificate


Product Code: 5512

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Description
 
ITT Educational Services, Inc. (NYSE: ESI) was founded in 1946 and provides postsecondary degree programs in the United States. ITT’s educational focus is in information technology, electronics technology, drafting and design, business, criminal justice, and health sciences.

In 2015 ITT Tech was one of the largest for profit educator in the U.S. with 130 campuses in 38 States. Accused of widespread fraud in 2016, the government disallowed the use of federal financial aid at the school. They subsequently shut down all campuses, thus ending the life of the largest, for-profit educational system in the US.

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.