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The New York Central Railroad Co Specimen Stock Certificate
The New York Central Railroad Co Specimen Stock Certificate
The New York Central Railroad Co Specimen Stock Certificate
 
Our Price: $135.00
Sale Price: $80.00
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Vintage Stock Certificate


Product Code: 1633-5

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Description
 
Rare specimen stock certificate from the New York Central Railroad Company.

Originally formed in 1853 with the combining of approximately 10 independent companies, The New York Central Railroad operated some of the first permanent rail tracks in the state of New York. This historic certificate was issued in the 1930s by the company that held the first permanent railroad in the state of New York. Features Cornelius Vanderbilt in the vignette.

Original members of the Dow Jones Industrial Average. Added February 16, 1885.

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.