Trans World Airlines Specimen Certificate

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Trans World Airlines Specimen Certificate - TWA

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Our Price: $135.00

Sale Price: $96.00

Vintage Stock Certificate

Product Code: SC1775

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Description

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Trans World Airlines (TWA) operated from 1930 until 2001 when it filed for its third bankruptcy and was subsequently acquired by American Airlines. At one point TWA was considered one of the big four airlines in the U.S.

This Trans World Airlines Specimen Convertible Preferred Stock was from the 1980s and paid a 9 1/4% dividend.

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.