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Peirce Wire Recorder Corporation (Early IBM Company)  

Peirce Wire Recorder Corporation (Early IBM Company)

Product #: peirwirrecco

Normal Price: $295.00
Our Sales Price: $250.00

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PRODUCT DESCRIPTION  
Beautifully engraved SPECIMEN certificate from the Peirce Wire Recorder Corporation. This historic document was printed by the Columbian Banknote Company in 1948 and has an ornate border around it with a vignette of an allegorical woman with a lion. This is the first time we have seen this certificate.







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Certificate Vignette



In 1946 - The first licensed wire recorders appeared in the American market, manufactured by Pentron, Peirce Wire Recorder Corporation, and others. The company that became Peirce Wire Recorder Corp. began as Radiotechnic Laboratories of Evanston, Illinois.

The Navy and Army Air Force ordered these directly from Peirce Wire Recorder Corp. Peirce marketed these as the Peirce Wire Recorder through Macy's Department Store in New York in September 1945.

The company also marketed a dictation machine which used foot pedals for starting, stopping, and rewinding. In 1945, the price was $400, and it weighed over 30 pounds. It had a maximum recording time of one hour.

Peirce started working on a cartridge wire recorder in '47 to avoid the problem of removing partially-recorded wires without full rewinding, but believed that a better solution was magnetic tape. The company introduced its "Wire-O-Matic" cartridge machine in early 1949.

Peirce lost most of its dictation business after the introduction of disk recorders by Audograph and Gray, but was sustained on military contracts for the airborne wire recorder.

As early as 1948, Peirce had courted the IBM company, though IBM turned down the offer to buy the 260 series technology. The business recession of 1957-8 drove Charles Peirce to consider selling his enterprise. By August 15, 1959, IBM had acquired the patents and assets of the Peirce company. The last product that Peirce was developing, a small transistorized magnetic belt recorder, appeared in 1961 as the IBM Executive line of dictation equipment.

Product #: peirwirrecco

Normal Price: $295.00
Our Sales Price: $250.00

(You Save: 15%)

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WASHINGTON, DC - Scripophily.com / Old Company Stock and Bond Research Service recently acquired the Old Stock & Bond Research Archives from Herzog & Co., Inc.  The asset purchase includes all 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, which have been performed continuously since 1880.  John Herzog, President of Herzog & Co., Inc. said “My wife, Diana, and I are very pleased with this transfer to Scripophily.com, and know that Bob will continue his excellent work and spearhead the digitizing and reorganizing of this classic American research that we were always proud to have taken part in continuing.” 

Scripophily.com / Old Company  Research Service, successor to all material published by the Marvyn Scudders Manuals, the Robert D. Fisher Manuals, and the Herzog & Co., Inc. obsolete research services, which have been performed continuously since 1880, is the leading provider of authentic stock certificates, autographs, and old company stock research services. Our company was founded by Bob Kerstein, CPA who is a member of the American Institute of Certified Public 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. Scripophily.com 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.



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