XM Satellite Radio. Specimen Stock Certificate

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XM Satellite Radio. Specimen Stock Certificate - 1999

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Vintage Stock Certificate

Product Code: SC936-2

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Description

XM Satellite Radio revolutionized radio by offering subscription based radio through satellite signals. After merging with Sirius XM Holdings, the company is now known as Sirius XM. XM Satellite was founded in 1988 as the American Mobile Satellite Corporation and provided telephone, fax and data signals through satellite transmissions. XM was spun off in 1999 to provide radio broadcasting and was officially launched in 2001.

This common stock specimen certificate was printed in 1999 and features Hugh Panero as the President & CEO.

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.