World's #1 Company for Original Stock Certificates & Old Stock Research Services - Rated A+ by Better Business Bureau

              Providing Quality Service   
Around the World Since 1880

What our customers say:


Cleveland Cavaliers NBA Team - 1970  

Cleveland Cavaliers NBA Team - 1970

Product #: noname3

Normal Price: $149.95
Our Sales Price: $129.95

(You Save: 13%)


Beautifully engraved unissued Certificate from the Cleveland Professional Basketball Company dated 1970. This historic document has an ornate border around it with a vignette of an eagle. This item has the printed signature of the comapny's president and secretary and is over 37 years old. is a name you can TRUST!
Certificate Vignette

The Cleveland Cavaliers joined the NBA for the 1970-71 season. A franchise that has known its share of ups and downs, the Cavaliers have scraped the bottom of the barrel at times, both on and off the court. Still, after struggling through much of its first two decades of existence, Cleveland turned itself around in the late 1980s to become a consistent Central Division contender.

The Cavs joined the league as part of an expansion that also included the Portland Trail Blazers and the Buffalo Braves. Expansion forced the NBA to realign into two conferences, with two divisions in each. The Cavs were put in the Central Division along with the Baltimore Bullets, the Atlanta Hawks and the Cincinnati Royals.

1970-71: A Less Than Memorable Debut The first-year Cavaliers were a motley crew, even by expansion team standards. Coach Bill Fitch, who had been hired away from the University of Minnesota, had his work cut out for him. The cast of characters included Luther Rackley, Johnny Egan, Len Chappell, Larry Mikan (son of NBA great George Mikan), and Gary Suiter. The team's regulars were Walt Wesley, first-round draft pick John Johnson, Bobby "Bingo" Smith, and John Warren. After looking over the team, Fitch was reported to have said, "Just remember, the name is Fitch, not Houdini."

Cleveland entered the league with a thud. The squad played its first seven games on the road because the Cleveland Arena had been booked by the Ice Capades. The team dropped all seven outings by an average of 17.3 points per game. Fitch may not have been amused, but he was amusing. "We're the only team who could play back-to-back games on What's My Line and stump the panel," he told the press. "Mission Impossible didn't even want us on their show."

The Cavaliers finally got to play in Cleveland and lost their home opener on October 30 to the San Diego Rockets, 110-99, before 9,119 spectators. The losses continued to mount, but Fitch's sense of humor didn't flag. "I phoned Dial-a-Prayer, but when they found out who it was, they hung up," he quipped.

The losing streak ran to 15 games before the Cavaliers finally posted their first victory by beating the expansion Trail Blazers, 105-103, in Portland. The Cleveland squad promptly dropped a dozen more before the schedule gave the players a home-game crack at Buffalo, the third expansion team. Cleveland beat the Braves by a single bucket before only 2,002 fans to claim the franchise's first home victory.

The rest of the season continued in a similar vein. The club was 2-34 at one point and stood at 3-36 before engineering a three-game winning streak with victories on December 25, 26, and 27. Cleveland reached its nadir for the season when guard John Warren, in a game against Portland, converted a layup into the opposing team's basket. But Portland wasn't faring much better-Trail Blazers center LeRoy Ellis tried to block Warren's shot.

The final tally for the first season was 15-67. The only thing the Cleveland faithful had to cheer about was rookie John Johnson, who earned a spot in the NBA All-Star Game on his way to a fine first campaign in which he averaged 16.6 points. The team struggled at the box office, as well. A four-game home stand in early January drew a total of 13,214 fans, and on three occasions fewer than 2,000 people showed up to watch the action.

A list of the first-round draft selections by the Cleveland Cavaliers:

1997: Derek Anderson, Kentucky; and Brevin Knight, Stanford

1996: Vitaly Potapenko, Wright State; and Zydrunas Ilgauskas, Lithuania

1995: Bob Sura, Florida State

1994: No first-round selection

1993: Chris Mills, Arizona

1992: No first-round selection

1991: Terrell Brandon, Oregon

1990: No first-round selection

1989: John Morton, Seton Hall

1988: Randolph Keys, Southern Mississippi

1987: Kevin Johnson, California

1986: Brad Daugherty, North Carolina; and Ron Harper, Miami University

1985: Charles Oakley, Virginia Union

1984: Tim McCormick, Michigan

1983: Roy Hinson, Rutgers; and Stewart Granger, Villanova

1982: John Bagley, Boston College

1981: No first-round selection

1980: Chad Kinch, N.C.-Charlotte

1979: No first-round selection

1978: Mike Mitchell, Auburn

1977: No first-round selection

1976: Chuckie Williams, Kansas State

1975: John Lambert, Southern California

1974: Campy Russell Michigan

1973: Jim Brewer, Minnesota

1972: Dwight Davis, Houston

1971: Austin Carr, Notre Dame

1970: John Johnson, Iowa

Product #: noname3

Normal Price: $149.95
Our Sales Price: $129.95

(You Save: 13%)

Qty: and Old Company Research Press Releases

BBC Radio Interview on 12/02/2014 with Bob Kerstein discussing
reputiated German, Russian, Chinese and Confederate Debt

See Stock Certificate Expert Bob Kerstein, CEO
discuss Stock Certificates in Bloomberg ,  the Associated Press ,
CNBC with Jane Wells discussing the Facebook IPO,
Inside Edition and the Today Show

Subscribe to our New Free RSS New Products Feed in a Reader

Subscribe to Our New Product Additions Feed by Email

WASHINGTON, DC / NEW YORK - / Old Company Stock and Bond Research Service owns and operates the Old Stock & Bond Research Archives from Herzog & Co., Inc (formally RM Smythe research) which was acquired from John Herzog, founder of the Museum of American Finance and past Chairman of RM Smythe & Co. This acquisition included all RM Smythe Research archives, publishing rights and copyrights on obsolete research reference material published by the Marvyn Scudders Manuals, the Robert D. Fisher Manuals, and the Herzog & Co., Inc. obsolete research services.  The old stock research services have been performed continuously since 1880. / Old Company Research Service was founded by Internet Pioneer, Bob Kerstein, CPA who is a member of the American Institute of Certified Public Accountants, Chartered Global Management Accountants,  California Society of Certified Public Accountants, and the Virginia Society of Certified Public Accountants.  We have been collecting and selling old stock and bond certificates since 1990. started operating on the Internet in January 1996 with the goal to promote the history of old companies and help educate everyone about the wonderful hobby of collecting stock and bond certificates called Scripophily. 

We will always maintain our founding commitment to customer satisfaction and the delivery of an educational product with an enjoyable shopping experience.  Please let us know how we may be of service to you.

Scripophily has been
fully tested by
Norton Safe

Join Our Mailing List
Bookmark and Share

Scripophily has been featured on CNN, CNBC, CBS, WSJ, Barrons, and many other fine publications
See in the News at

All Old Stock and Bond Certificates are actual authentic certificates and are sold only as collectibles. We do not sell reproductions and offer a lifetime guarantee to the authenticity of everything we sell.

All Rights Reserved. © 1996 - 2015 ©, (tm), Wall Street History - Lost and Found (sm), ©,,, (United States Savings Bonds),, Retro Stocks (tm), Old Company Research (tm), Occupy Wall Space (tm), RM Smythe Stock Research, Stock Research Professional, Business Hall of Fame (tm), Old Stock Certificate Research, Old Stock Exchange ©, Gift of History (sm), Liberty Loans, Liberty Bonds,,
Marvyn Scudders Manuals, Robert D. Fisher Manuals,  Scripophily Exchange (tm),, PSTA - Professional Scripophily Traders Association, Stock Research Service,,, PSTA.COM, Bob Kerstein, CPA, CGMA - The Old Stock Detective © and Encyberpedia ©. You may link to the site, but please do not copy any images or information without our expressed written permission.  If you are publishing a book for educational purposes or with the press, please contact us directly at 703-787-3552 for use of our content. is a name you can TRUST!
American Institute of
Certified Public Accountants is a name you can TRUST!
Virginia Society CPA's
Bob Kerstein, Member
Click to Verify Trust Certificate - Yahoo is a licensee of the TRUSTe´┐Ż Privacy Seal Program is a name you can TRUST!
American Numismatic Association

Securities and Exchange
Commission Historical Society

Society of Paper Money Collectors
Member - Gift of History -  BBB Membership Seal
Better Business
 Bureau Member
Rated A+
Popular Searches by Name