Beautiful engraved RARE specimen certificate from the Communications Properties, Inc
dated in 1977. This historic document was printed by American Bank Note Company and has an
ornate border around it with a vignette of a group of company workers. This item has the printed signatures of the Company's President, Robert Hughes and Secretary, William D. Arnold and is over 31 years old.
Bob Hughes and Jack Crosby along with Bill Arnold and Ben Conroy founded Communications Properties Inc. Starting with a franchise in Midland, TX, they built CPI into the 7th largest cable company in the US before selling to Times Mirror Co. in 1979.
After selling to Time Mirror, Hughes founded Prime Cable.
Specimen Certificates are actual certificates that have never been issued. They were usually kept by the printers in their permanent archives as their only example of a particular certificate. Sometimes you will see a hand stamp on the certificate that says "Do not remove from file".
Specimens were also used to show prospective clients different types of certificate designs that were available. Specimen certificates are usually much scarcer than issued certificates. In fact, many times they are the only way to get a certificate for a particular company because the issued certificates were redeemed and destroyed. In a few instances, Specimen certificates we made for a company but were never used because a different design was chosen by the company.
These certificates are normally stamped "Specimen" or they have small holes spelling the word specimen. Most of the time they don't have a serial number, or they have a serial number of 00000. This is an exciting sector of the hobby that grown in popularity over the past several years.