Marathon Oil Specimen Note Certificate

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Marathon Oil Specimen Note Certificate - 1987

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Our Price: $248.00

Sale Price: $185.00

Vintage Stock Certificate

Product Code: SC1891

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Description

This rare Marathon Oil Specimen Note Certificate was printed in 1987. The note paid 9 1/2% interest and was due in 1994.

Marathon Oil traces its history back to 1887 as The Ohio Oil Company. They were purchased by John D. Rockefeller's Standard Oil in 1889. The Ohio Oil Company survived the monopoly breakup of Standard Oil in 1911 and remained with Standard Oil. They purchased the Transcontinental Oil Company in 1930 and name Marathon was their brand name. They changed their name to Marathon Oil Company in 1962.

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.