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Vintage San Juan Racing Stock Certificate, Coca Cola, Coke, Horse Racing 1960s

$ 2.63

Availability: 73 in stock
  • Modified Item: No
  • Country/Region of Manufacture: United States
  • Condition: unused stock 1960s
  • Type: Stock Certificate
  • Material: Paper

    Description

    Vintage San Juan Racing Stock Certificate Coca-Cola, Coke, Horse Racing 1960s
    12" x 8" ~
    Not a stock you see very often if ever at this age.
    This race horsing company which owned a racetrack in Puerto Rico started in 1954. They expanded into radio and bought 10 radio stations in total including Washington radio stations WUST-FM and WJMD-FM, and then in Dallas, KNUS-FM. I'm not exactly sure about the focus here but the company had an offer on Dec. 8, 1978, from Larry Israel of Coca-Cola of New York who offered a share for San Juan Racing stock that traded at the time of the offer for about . They of course accepted, as far as I can see, the 66 million dollar offer. Not much history after the 1980s on this company besides them going out of business in 2015.
    Imagine hanging this vintage historic collectible on your wall as home decor in any room! Stock certificates are another thing that is limited in supply and once they are gone all into museums and collections they will be hard to get. They are such historic documents with so much history behind them. The first stock certificate was issued in 1606 by the Dutch East India Company. 407 years of history later the Walt Disney Company issued one of the last paper stock certificates from a major corporation in 2013.
    My pictures seriously don't do it justice. These had to be done on heavy paper stock, almost like a dollar bill but stiffer and more durable, which makes them stay vibrant and new looking for a long time. The other very unique thing about stock certificates is they have all kinds of interesting signatures and you honestly never know whom you will find. Almost all stocks are signed by the company President and Secretary. Some collectors research the other signatures and historic significance and it adds so much provenance and value to an already valuable item. I have never done this as I can barely read my own signature let alone one from over 100 years ago and with the time it would take to do thousands of certificates my mother and I decided years ago not to bother.