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Rare Vintage Unimed Inc. Stock Certificate 1970s, Madison, NJ
$ 4.74
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Description
Rare Vintage Unimed Inc. Stock Certificate 1970s, Madison, New Jersey12" x 8" ~
I totally expected this stock to be a medical stock then I looked at the vignette closely and see the steam railroad train in the background and got really curious.
After several hours of research I have found out it is just an amazingly gorgeous vignette with the train and early century backdrop and that's probably why they aren't out there that much anymore.
This American company made medical supplies and alternative therapies in the 1960s and 1970s for hospitals and physicians. The particular details of what they made I am curious as it sounds very possibly quack pharmacy related which would make this even more valuable but I can't research it any deeper as sometimes you go down some rabbit holes and I've been in this one for a while. Anyways they used to be called Warfield Pharmaceutical. Inc. and changed its name to Unimed, Inc. It honestly took me forever to find this company as there are companies all over the US and the world name this now and a lot have come and gone. I am not exactly sure the outcome of this company but from the financial outlook from their SEO filing which is how I discovered who they were it didn't look too good. https://www.sec.gov/news/digest/1961/dig122961.pdf
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 the time it would take to do 1000's of certificates my mother and I decided years ago not to bother.