Smith, Barney & Co. Specimen Stock Certificate

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Smith, Barney & Co. Specimen Stock Certificate - 1971

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Vintage Stock Certificate

Product Code: SC633-2

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Description

This Smith, Barney & Co Specimen Stock Certificate was printed in 1971.

The iconic Smith, Barney & Co was founded in 1938. They later merged with Harris, Upham & Co in 1975 to form Smith Barney, Harris Upham & Co. The later became known simply as Smith Barney Inc. Their ads became famous in the 1980s with their catch phrase "We make money the old-fashioned way. We earn it."

In subsequent years, the company merged with several other companies including Shearson and EF Hutton. During the financial crisis of 2008 they were ultimately absorbed by Morgan Stanley.

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.